Bank of America exhausts positive chances - Analysis - 09-10-2019

Bank of America's stock fell under pressure from the 50-day SMA, while trading alongside the upward medium-term trend, with positive signals from the RSI. 

Therefore we expect the stock to return higher, as long as the support of 27.16 holds on, targeting the first resistance of 28.61. 

Expected trend for today: Bullish