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Inverse Head and Shoulders on the weekly / daily BACBAC chart.
I would probably wait forBAC to rise above $30.5 -$31 before entering into a long position.
IfBAC sees $31 then the first target is $32, and the last target is $35 (although I find this hard to believe to be honest).
Something to consider:
WFC Wells Fargo has a Head and Shoulders pattern on weekly / daily. These two stocks appear to rise and dip at similar times due to both being banks (no shit).
Like always, open to constructive criticism.
Thanks for visiting.
BACBAC chart.I would probably wait for
BAC to rise above $30.5 -$31 before entering into a long position. If
BAC sees $31 then the first target is $32, and the last target is $35 (although I find this hard to believe to be honest).Something to consider:
WFC Wells Fargo has a Head and Shoulders pattern on weekly / daily. These two stocks appear to rise and dip at similar times due to both being banks (no shit).Like always, open to constructive criticism.
Thanks for visiting.
Not
First target hit. BTW my
BAC $31 calls expired worthless on Friday, lame.
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