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ContraryTrader

BAC struggling at 1997 resistance

Short
Bank of America (NYSE:BAC)  
ContraryTrader  
NYSE:BAC   Bank of America
Support and Resistance Wedge Trend Lines
1
0
supportandresistance wedgepattern trendline
I have 2 things outlined in this chart.

1. Horizontal resistance (Purple line) dating back to 1997 at 44.22
2. 3yr long Bearish rising wedge (Yellow line)

Currently BAC is knocking at the door of both resistance. A rejection Here and a fall out outside the wedge could send BAC back to 33$

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