Bank of America Corp (BAC)

[YazM]

I wasn't paying much attention to this after I covered earlier but after seeing it hover in the .50-.52 range it had a chance to rebound or drop to next support level which is why I covered when I did. It did have a chance to recover being that it held that .50 mark for awhile so I took the profit to ensure guaranteed solid gains. Always take profit when probability gets tighter.

I didn't expect it to drop below .50 support but it did and .30 was inevitable once it broke that line. Financials had the biggest gains on green days so expect them to have the biggest losses on red days. Once the momentum builds it will be severe in either direction.

We'll see what tomorrow brings, I'm currently out of this ticker.