Bank of America Corp (BAC)

[YazM]

My post was deleted or it didn't post last night (this IPhone app needs work in my opinion) so reposting this for you. I expect continued consolidation, however don't expect such a large decline again. 22.50 is brief support which did hold so continue to watch a breach of that before assuming the PPS will fall further. Resistance again will be at 23 as it was prior to this decline which couldn't break through and hold above without several attempts. Don't count on it moving past that PPS and closing above it unless the indexes remain strong to the EOD bell and buying pressure holds throughout the day. Could see some positive momentum from this level as it bounced well off brief support and held above; watch for what I stated above.