BAC trade ideas

stayabove

Since no expected good news for BAC its lucking incoming new money which can help keep the uptrend, so far this year BAC jumped on real estate "gold-rush" which seems to be gone and banks firing employee from lending departments. In near future don't expect banks jumping to new highs at same fashion as first half of the year.

octradr

Bank of America is being tested right now and the battle is fierce. So far the support at 14.31 is holding but the bulls haven't been strong enough to break out of the upper EMA's. We need a big effort soon if this is going to soar higher. If you feel bullish about the financial industry right now may be a good entry point, but if you are bearish wait for support...

Matog

It certainly looks like that.. but I don't know man.. I don't like the overall context... if fail, the height of the triangle it-s about a dolar.. 13,5 next target

Gamer_Guild

Levels I see as important today. Suspect a good day.. but ya never know :)

palatinator

BOA is on a Decision Level..normally i would say by 14 $ a good chance for a short, but now we are in August so i would say SHORT. Thank you for your comments.

Matt_Feda

- Bullish Cup and Handle Forming - First Support around 14.45 - Second Support around 13.90 - Buy on breakout above 14.97 level - Price target at 16.35 - Ride the trend till the trend tells you different Feel free to comment, agree/disagree, or just go on a rant =P -Matt

mokcpat

Dropping after riding the top BB. Heading into Keltner. Will find support at 50MA/ bottom of Keltner channel.

sublimares2

I wanted the chart to provide as many informations as possible and to be able to trade with no other indicators or charting tools at all. I wanted a view on entries/exits, trendlines, minor & majors supports/resistance horizonal & oblique., trend reversal, etc. My interpretations of the chart at this moment: the price needs to stay above $13.15 level to go higher...

sublimares2

$BAC on the downside with support @MA100 and a nice kicked off that probably will give a weak bullish move. The downtrend is unchanged for now.

flavisam

Short setup. Head and Shoulders. Break of the neckline today

Circa

I keep my technical analysis simple for the most part. Check out my articles on Seeking Alpha for fundamental and technical analysis! You can follow me on Twitter @CircaAlpha and on Stocktwits @Circa! Click on the charts for a larger view: Bank of America (BAC) Yesterday I entered into a short position at $11.51 because shares traded below the 10 day and 20...

Hello

Entry - $9.40 - $9.50 Target 1 - $8.90 (Recent trough could prove to be support) Target 2 - $8.25 (Breakout point could prove to be support) Stop Loss - $9.70 Double bottom formed May - September Higher volume on first bottom Lower volume on second bottom Price action broke out on high volume and stopped right at the measured move for the double bottom forming...