Bank of America exhausts positive chances - Analysis - 11-06-2021

2021-06-11 10:45:08 GMT (Economies.com)
 

Bank of America's stock (BAC) skidded 1.49% in the last session while leaning on the support of the main upward trend in the medium term, amid positive pressure from the 50-day SMA in an attempt to gather momentum to propel it higher anew. 

 

Therefore we expect the stock to return higher, targeting the resistance of 43.50, provided the support of 40.77 holds on.

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1930
0.0028
0.2378%
1.3917
0.0023
0.1652%
Tadawul
10919.68
6.62
0.06%
25.925
-0.063
0.242%
73.526
1.700
2.367%
75.56
0.32
0.43%
1774.050
-4.340
0.244%
 
 
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