$BAC's gap must be filled! Short

Bank of America CorporationNYSE

Description

⋅ Jan 17, 2019 7:45 AM

BAC is facing a 3 months' lasting resistance line, which successfully rejected 2 tentative puncture.

the market is so sensitive, and the gap below must be filled.

Short!

1. the stop loss is set at the resistance line.
2. the target is the bottom of the gap!

the loss-profit ratio is 4.07!

Worth a shot!

Trade closed: stop reached

⋅ Jan 19, 2019 5:54 PM

Stopped out! it has marched beyond the resistance line. sad..

Support and Resistance