Replies to post #294622 on Option Millionaires

[Nolerman]

WYNN can move down to ~$93.80 and still not invalidate the upward support. Close below that and the picture changes

[Nolerman]

BAC - Friday's weakness forced a gap down, however it held support at the bottom of the rising channel and bounced at the cloud which also corresponds with the lower end of the VBP band....it should retest 15 next week at the top of the VBP band, and if it breaks, next major band of overhead supply is at $16.20

RSI held rising trend line, STO, and MACD curled over but remain in bullish territory. all rising and bullish. BB pinching and beginning to open up. Price Thursday was above the 10EMA which was over the 30SMA, however the price is now below both. Price will need to rise above both to continue upward momentum. Holding $14.50 Calls into next week. Yellen speaks Monday