SamSuka
The Long Investor
The Long Investor

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$BAC

$BAC has intrigued me lately, as the market is turning bullish, the banking stocks are not showing the same enthusiasm, there may still be concerns that liquidity is still tightening and concerns of higher interest rates, especially on large mortgages or car loans will continue to affect the bottom line....from the chart, it has been struggling to break above the blue line which is the neckline of the H&S pattern.

It needs to flip above this line to show signs of reversing.

$BAC

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