More confirmation that $BAC has been struggling, it is starting to curl down now after rejecting at the blue line, which has been our bear case trigger line.
Credit tightening and the 10 yr being high is still playing its part here I believe and there may be more downside to go.
Our low price target of $24.50 remains the same.
RandumbInvestor
2023-09-06 00:16:44 +0000 UTC