Bank of America tries to shake off negative pressure - Analysis - 13-07-2020

Economies.com
2020-07-13 13:00PM UTC

Bank of America's stock rallied 5.49% in the last session amid positive signals from the RSI while trading alongside the upward short-term trend line, shaking off negative pressure from the 50-day SMA. 

 

Therefore we expect more gains for the stock, targeting the first resistance of 25.34, provided the support of 22.14. 

 

Expected trend for today: Bullish 

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