BAC - Out of consolidation zone

17 Nis 2018

BAC - Out of consolidation zone and expecting it to hit 32.5 in 2 weeks (two weeks maximum time required...based on momentum from past couple of days I won't be surprised if it hits the target in a week)

Note: Always consider overall market trend before looking at individual stock trends.

Disclaimer: This is just my opinion, not an advice. Trade at your own risk. I/We long BAC.

18 Nis 2018

Emir iptal

BAC - Financial sector is down. BAC is below its consolidation zone. Support zone is very close to current price. It is 3rd day since earnings were released. Mostly market supports after 3rd day from earnings...but all companies in financial sector are down when market is going up...so would stay away from it for sometime.