Bank of America emits mixed signals - Analysis - 01-07-2020

Economies.com
2020-07-01 10:38AM UTC

Bank of America's stock rose 1.54% in the last session while trading alongside the upward short-term trend line, with positive signals from the RSI, while touching the resistance of the 50-day SMA. 

 

Therefore we expect the stock to rise and target the first resistance at 25.35, provided the support of 22.14 holds on. 

 

Expected trend for today: Bullish 

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