Let’s take a look at Bank Of America Corp monthly chart.
The stock has been ranging from $14 to $19 for a good 6 months. It is time for it to rise higher than this range now.
Look at BAC monthly chart, we can see a nice bullish trend.
My Pre-Earnings Target is still at $19.2
Many SHORTS are screaming to short this market as I guess they are stuck with their poor negative short position. Expect a SHORT SQUEEZE soon.
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