Bank of America Technical Analysis: More Upside Likely!
Bank of America Technical Analysis
- Overall trend is sideways -The price tested areas near the bottom of the range before forming a double bottom formation -The price has broken the neckline of the double bottom , in addition to the 200-days SMA -Further upside is favored now for a possible retest of 18.00 resistance areas - A break below 15.50 may negate this trade idea
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