Is there anything fundamental that would make BAC break 10? I dont know
But there is significance resistance there, and RSI says that it is a little bought(but not a sell yet).
Sell at 10, Stop @ 10.5 Target@ 8.5 3:1 upside.
Comments
JCP
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Hi Token, thanks for the comment, just from the 7 to 10, I would guess its going to take maybe month for BAC to get down to 8.5. So if that does happen, i would venture to say end of Jan or beginning of Feb
token991
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Thank you for your polite comment. I also think the same . If slowly goes down according to your chart. End january start of february BAc should touch to 8.5 . Please time to time write to me .and revise your chart so that we can understand the situation better. Thank you.
token991
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Target@ 8.5 . You write . when ?
token991
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Hi! When do you think BAc will be 8,50? You can give a time range.