Bank of AmericaLong
Bank of America - - BAC - - HITS A MAJOR TARGET
I Show a long drawn from the low in 2009 to a high at $35.72, and a resulting pullback to a Measured Move 50% line.
That GREEN LINE, way up there which was just struck at $43.55, is a TARGET LINE. Price action tells us that we are in a pullback. The next Measured Move, however, is HARD to draw up and predict.
Ask me if you want training on this.
DJ
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