FWB:BACT - not the strongest close on the 2D, but I'm keeping an eye on this one.
Potential move back up from the bottom of the tri on the 2W (a.k.a. broadening formation).
Keeping in mind BAC is still one of the weaker brothers in the XLF...let's get back to that later, still work in progress (study sector ETF's vs individual names).
Bajaj Auto (NSE Ticker: BAJAJ_AUTO) is forming two back to back bearish patterns on the hourly chart.
First bearish pattern: Broadening formation
Second bearish pattern: Head & Shoulders
We see high probability of fall in price in the coming days toward measured move and 200SMA target of 4410.
