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Portguyofva

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Portguyofva

Re: sasi post# 12582

Tuesday, 07/17/2012 3:00:38 PM

Tuesday, July 17, 2012 3:00:38 PM

Post# of 22554
Technically, I believe BAC is a coiled spring at the current level. If they beat, we likely go higher and test resistance at the 8.20ish level. If they miss or meet estimates we probably go lower. I see downside risk around 7.15 and upside at 10+. IMO the risk/reward ratio at current level is worth a long bet, but I say that from a personal dollar cost average in the low 7s and holding a lot of leaps bought at the low 7s and high 6s. GLTY!

PS: It will be tachnically bullish if BAC can close at the high of the day.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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