Bank Of America: Historical Indicators Of A Correction
Mar. 10, 2017 3:38 AM ET
•As bank stocks surge, so too does the risk of a correction. Bank of America is up over 100% since June of last year.
•Now is the time to map out how a correction might play out using momentum indicators and historical analysis.
•History has shown that lower highs in the Relative Strength Index, correspond to choppy trading and an increase in the number of pullbacks for Bank of America.
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