LevinBurant

BAC looking bearish?

Short
NYSE:BAC   Bank of America
BAC looking at bearish structure, could be good buying opportunity around $23.
Comment:
Financial sector continues to recover very strongly. From a technical standpoint this had only 30% to the upside. Let's see if we reach that resistance trendline.

If you shorted you'd want to exit at $30-$31.

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