Bank of America tries to vent off overbought saturation - Analysis - 25-04-2019

Bank of America's stock dipped 0.17% in the last session while trading alongside the upward correctional trend line in the short term, with positive pressure from the 50-day SMA, as it vented off overbought saturation in the RSI while gathering momentum to help it rise anew. 

Therefore we expect the stock to rise as long as it settles above 29.67, targeting the pivotal resistance of 31.37. 

Expected trend for today: Bullish