Sunday, December 25, 2011

BAC to the black

I am not very bullish on the financials, but looking at Bank of America (BAC).... it seems it wants to pop to the upside short term.

Monitor it next week, if it breaks 5.80$ to the upside, look for a quick bounce to 6.50$ but do not stay in love with the stock, it could go back to 5$ in no time.


Cheers,
The Imperatore

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