Bank of America
Long
Updated

BAC breakout nearing

419
I believe the charts don't lie but man is the economy f-d right now. interesting to see how this plays out.
Note
expect 26$ if it breaks today
Note
Its following the FIB trend line, but there just isn't enough volume or volatility for me to be in. Waiting for next market moving event.

Taking this time to stock pick with profits from previous weeks.
Note
bounced off .78 fib, retraced slightly and then break through again soon into .618 range
Note
32.5 to 33 per share is a topline exit, secondary market action to ensue through regionals once they rally a little. Big banks are not even safe cause the dollar will stumble over debt ceiling this summer.

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