BAC - looks like it is ready to overcome resistance this time and is significantly moving away from consolidation zone.
Comment:
Disclaimer: This is just my opinion, not an advice. Trade at your own risk.
Trade closed manually:
The price broke down two major trend lines and right now it is at support zone. Any fall from here will be limited and can go up (also consider overall market conditions). But time and price target should be changed. Hence, closing this trade.
Comment:
Also there is some negative news on BAC about cheating its trading customers....hence there can be some short term downfall...