DLavrov

Bank of America: Buy Opportunity from Support Zone

Long
NYSE:BAC   Bank of America
The market moves in a range. The price bounced from the support zone. RSI confirmed the price reversal. MACD histogram confirms a possible upward movement. DMI is bearish, but ADX line falls telling us that bears are not active.

Buy between 26.00 and 26.95 with stop orders below 26.00 support. Profit targets should be placed at the resistance levels.

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