Bank of America Corp (BAC)

[BYUINSDER]

Great call you made on the sell analysis. Just there are different degrees of corrections. To set the record straight: I'm only scalping Bank of America stock currently, my goal with the scalping process, $.10 to $.20 max per trade.

Friday scalping I was able to enter at $15.445 on Thursday, closed the trade at $15.66 at the opening on Friday.

$15.66 - $15.45 = $.21 per share scalp.

Monday I was able to scalp only $.10 per share.
Tuesday I caught $.10
Wednesday I caught $.10
Thursday about her $.10
Friday trading action with the a Job report, the BOTS came in and crushed the bears... Which enabled me to captured full $.21 per share.

Resistance currently is at $15.75 for Bank of America.

If I can clear after commission $80 per day. I'm very happy.

I don't see any reason to be long, longer than few hours any stock or index currently.

So with that analysis in mind, your sell analysis is spot on.

Good luck with school books.