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Thursday, March 18

Bank Of America Corp did not break out. Buy more at $17

Bank Of America Corp has formed a powerful pre breakout pattern. However, it failed to breakout today as the unemployment claims was not low enough.

However, the extremely positive Philly index shows that there is room for BAC shares to rise.

JUNE target is still $20.8.

Buying more at $17.

Target 1: $18.1

Target 2: $19.5

Target 3: $20.8

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