BAC Daily Chart....... An Imminent Breakout or a P
Post# of 2559
Posted On: 03/19/2013 12:40:24 AM
BAC Daily Chart....... An Imminent Breakout or a Possible Triple Top?
Who really knows? So use the indicators to assist your trade. Currently B of A is butting up against a resistance line. The FullSto is already in overbought territory but the MACDs have a lot of room to move yet. My guess is that BAC will break to a new high while holding the short term moving averages such as the MA7. Again, be patient with your entries and read the caution signs for your exits. If you miss one, another bus will be by shortly. But if you miss a sell signal, one never knows how far the red will take you. Just follow the technicals for an edge on everyone else. GLTA
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