Nick_C_

BB&T AB=CD + Head and shoulders

NYSE:BBT   None
BB&T could have trouble on the horizon after an ideal BC retrace, which lays a 1.618 BC projection under the neckline of a potential head and shoulders. This would put price below both the 50+200 MA and the 2 and a half year trend line. Momentum is diverging on both an absolute and relative basis.
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