A Double Wedge Break For Bank of America
Bank of America (BAC) is starting the New Year with a breakout on the price chart and surge in the StockCharts Technical Rank (SCTR). The SCTR is up over 15 points and back above 70, which made it easy to spot on the SCTR table when sorted by change. On the price chart, BAC broke wedge resistance in mid December, formed a smaller wedge and broke out again today.
Click this image for a live chart
For more info: A Double Wedge Break For Bank of America
A Double Wedge Break For Bank of America
The post A Double Wedge Break For Bank of America appeared first on FX FOREX.
via WordPress http://www.evvi.net/4718/trading/a-double-wedge-break-for-bank-of-america.html
Trading
Nessun commento:
Posta un commento