Bank of America extends losses - Analysis - 28-01-2020

Economies.com
2020-01-28 11:37AM UTC

Bank of America's stock kept falling in the short term, marking a 2.06% loss, while correcting the main upward long-term trend, with negative pressure from the 50-day SMA. 

 

Therefore we expect more losses for the stock, targeting the pivotal support of 31.10. 

 

Expected trend for today: Bearish 

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