Bank of America Corp (BAC)

[cyclone101]

RE: BAC close -- str8 up $20 close -- thats what we were hoping for.

today concludes 3 days of str8 sideways consolidation and side ways trading .

very healthy for setting the charts and confirming a base here @ $20 -- very impressed with this weeks action.

at this point we are set for potentially seeing BAC push forward next week towards $21-$22 range -- at this point we could very easily support 21/22 with our latest price point eval.

I would LOVE to see this push towards $22 in the coming days/weeks, then confirm.

I think we can all agree that we wont see much beyond $22 pre-rate hike

SO if we can push to 22, then approx mid-dec we get a fed rate hike, we will then see BAC push for $25 and confirm

then we wait until the Trump admin removes Dodd/Frank we can see this really move/push towards resistance at $32