SKACAPITAL
Long

BANK OF AMERICA CORP ANALYSIS SKA CAPITAL

NYSE:BAC   BANK OF AMERICA CORP
Price currently at key level in the market. If price breaks above 15.95 then it can reach 16.50, 17.35 then eventually 18.00. However, with the earnings decreasing by 0.02% could push price further down. If the trend line is breached then our first target would be 15.35 then lower to levels of 14.00. When each target is met we would look for further PA confirmation.
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