Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Tuesday, December 26, 2017

BAC Reaching For Long Term Channel Line

BAC has been pushing the last six months inside of its two year blue ascension channel.  BAC is also approaching the upper line of its eight year black line channel.


click on image to enlarge




This upper channel line was well established in 2009 ad 2010 so it will be scrutinized as it approaches the line again.


Trade well my friends

Alan

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