Major uptrend and intermediate uptrend for Bank of America. The near-term downtrend is testing the $22 support level. This could be an entry point.
Bank of America 3-Year Weekly Candlestick Chart
Click here for a live version of the weekly candlestick chart for Bank of America.
“Technical Analysis is about putting the probabilities on your side.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.