BAC Approaching Resistance, Potential Reversal! Short

Bank of America CorporationNYSE

Description

⋅ Jan 24, 2019 8:41 AM

BAC approaching its resistance at 29.35 (61.8% Fiboancci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where we expect to see a reversal.

Stochastic is testing resistance as well where a corresponding reversal could occur.