BAC Bullish Trend(Update)
BAC is slowly forming signals that may suggest an up-move to be had. Currently I'm making this TA during market hours so I suggest you wait until market close to see if the TA still holds up. I believe we may see a move to the 44's since we are seeing a ema cross form on the Willy Oscillator. Not only is the willy oscillator forming a trend, but the squeeze indicator shows reducing selling momentum. If you are a more of a risk aversive trader then it may be wise to wait to see a confirmed squeeze or to wait and see if BAC comes back to support.
Bullish Signals
-Ema cross(willy oscillator)
-Squeeze indicator(reducing selling)
Price Target
-43.43
Bullish Signals
-Ema cross(willy oscillator)
-Squeeze indicator(reducing selling)
Price Target
-43.43
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