Bank of America exposed to negative pressure - Analysis - 21-03-2019

Bank of America's stock fell 0.84% in the last session, trespassing the support of the 50-day SMA, with negative signals from the RSI after the pivotal resistance at 29.67, amid the dominance of the upward correctional wave in the short term. 

Therefore we expect more losses for the stock, targeting the support of 27.86. 

Expected trend for today: Bearish