Bank Of America Corp BAC made a solid bullish move today. It closed above its 200SMA which was a key resistance.
Expect more bullishness as the general market is improving. Traders expecting DOW to test January highs again.
Option pain for Bank Of America Corp is at $15, so expect BAC to be in a trading range between $15 - $16 for this week.
Chart is quite bullish. Same chart as before.
Key Resistance: $15.50
Support: $14.80
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