Bank of America receives positive support - Analysis - 15-09-2020

Economies.com
2020-09-15 12:36PM UTC

Bank of America's stock rose 0.98% in the last session after leaning on the upward short-term trend line, while leaning on the support of the 50-day SMA, lending it positive momentum, with positive signals from the RSI. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 28.90, provided it holds above 25.34. 

 

Expected trend for today: Bullish

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