Bank of America Corp (BAC): JCB5, I believe Bank of America Corp. (B...

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Re: JCB5 post# 16548

Monday, 03/31/2014 11:25:30 AM

Monday, March 31, 2014 11:25:30 AM

JCB5, I believe Bank of America Corp. (BAC) could be bullish in the short term. (BAC) has dipped below bottom channel resistance in the $17.05 range. Top channel resistance seems to be in the $18.20 range. The last bullish candlestick failed to confirm. We await a new bullish candlestick to signal and confirm itself. The last bullish candlestick was a Bullish Stop Loss on March 20, 2014. The channel up chart pattern seems to be forming a wedge up.

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