As expected, Bank of America Corp BAC faced slight resistance at $15.80 from the 50 day SMA, and also the resistance line as indicated by the arrows.
There is support at $15.30 so we can continue to stay long in BAC.
Tomorrow’s unemployment report will decide whether BAC should test its support or smash the resistance.
BUY Bank Of America BAC at $15.5
SELL Bank Of America BAC target is at $18.1
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