Browse Stacks: Analytics: BAC_Weekly_March232015.jpg

BAC_Weekly_March232015.jpg

Bank of America setting up for potential pain. 

We've got price rejecting a double top, that turned into a large head & shoulders pattern. 

A break and close beneath 15.13 put the Sept. 2013 low of $13.60 in target (61.8% fib projection of the H&S). 

XLF itself looking ready for a pullback as well.

Comments

Useful IdiotUseful Idiot
Egg on it's side or upright ? 3/23/15
moneymiser21moneymiser21
Since it's BAC, most likely will be scrambled 3/24/15
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