jautoresponder

Watch for BAC potential breakout point

Long
jautoresponder Updated   
NYSE:BAC   Bank of America
4
May continue to trade within flag pattern abov e50 MA. Should it break out above trigger price with strong bullish volume consider buying or waiting for the retest.
Comment:
Moved trigger price to $23.42
Comment:
Bounced off the 9MA. Wait for the pullback and bounce off an MA. Use Stochastics to get in when stock is oversold (~20).
Comment:
Consolidating at a new high. It'll probably stay that way until it forms a new flag pattern and eventually breaks it.

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