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Bank of America
Long

BAC

By orkhanrustamov
Updated
BAC and GS are the most oversold financial stocks [GS has a different problem]. I see that BAC finds some support on moving averages and 3 MAs are crossed at the same price. this could be a buy signal for the long term and bac will test its December high or even go up. if not I think it will consolidate at moving averages.
Trade closed: stop reached
Beyond Technical AnalysisTechnical IndicatorsTrend Analysis
orkhanrustamov

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