BAC Chart – Moving Above Previous Highs
I charted Bank of America (BAC) on August 3, 2009 when it was trading at $15.32. I see two main lines worth noting. The lower horizontal line is around $14.00. It was a high in May and again in June. Last week BAC blew through it. Today BAC broke through the previous high just over $15.00. I’m waiting to see if it retests it tomorrow before jumping in, but have added it to my watch list for now.
I'll take requests for stocks and ETFs to chart too. You can reach me at alex [AT] chart-analysis.com. DISCLAIMER: Charts found on these pages are my opinions and I take no responsibility for any losses you may incur if you agree with my charts. Although I am a Registered Investment Advisor Representative, the content contained on this site is not personal advise. Consult your own financial advisor or do your own research before trading or investing in any of these securities.
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