Bank of America starts recovering - Analysis - 26-03-2021

2021-03-26 12:56:11 GMT (Economies.com)
 

Bank of America's stock (BAC) rose in the last session after the support of 36.96 held its ground, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, while the RSI reached oversold levels compared to the stock's movements. 

 

Therefore we expect more gains for the stock, targeting the resistance of 39.93, provided the support of 36.96 holds on.

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.2139
-0.0034
0.2781%
1.4125
-0.0011
0.0746%
Tadawul
10322.68
86.96
0.85%
27.508
-0.296
1.066%
65.459
0.067
0.102%
68.55
0.41
0.60%
1834.045
-10.180
0.552%
 
 
News Today