Replies to post #15913 on Bank of America Corp (BAC)

[KING_TRADER$]

I do see no resistance between 16-20$. It should be an easy rally up in btw those values. However, it will need to take a big load of volume like the past few weeks for that to happen. If the outcome of the big lawsuit of 8.5$ b settlement in favor for BofA, then this will happen easily. A 10-15% rally is possible. But we shall see, I still see the steam going for BofA, hedge funds are loading up BofA for 2014, in the speculation of dividends increased and interest rates increased. This is highly beneficial to banks. Thus, we seeing a lot of calls for buys in BofA. glty