Traaaderz

The banks took a hit. What's next?

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NYSE:BAC   Bank of America
After a fairly disappointing day across the indices, the dust seems to have settled. BAC is resting on the 100 hr MA and has failed to push past the 22.44 fib on the daily. However, BAC is currently above the Ichimoku Cloud representing an uptrend and has a %K value that has dipped below 25 indicating a potentially ideal long entry opportunity.
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