649bruno
Long

BAC: Bank Of America In Solid Uptrend, Fractal Buy Signal

NYSE:BAC   BANK OF AMERICA CORP
47 0 4
BAC-is breaking out to the upside.
Here are the positives:

1. Currently a buy Fractal .
2. The lower indicator under the chart is CHOP; readings below the shaded area (38.2) indicate a trend.
3. The top lower indicator is phase energy, and this is positive.
4. The alligator is feeding in the uptrend.
5. RSI / Stochastic (top indicator) is strong.
6. Prices are trading above the Ichimoku Cloud .
7. Prices are trading above the thick red Ichimoku Cloud conversion line.
8. Prices are trading above the Ki jun-Sen baseline of the Ichimoku Cloud and this has been HEADING SHARPLY HIGHER.

In my opinion, BAC-is in a solid uptrend.
Good luck to you. Don.
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