SamSuka
The Long Investor
The Long Investor

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$BAC

Very clear direction here. Under the 50 Day MA and moving down in sync, the RSI is bearish and the MACD is trending bearish too. What I will be waiting for here is how it behaves at the 1.618 Fib level and $25.60, it is a possible support level, losing this level would be a big hit for its share price and we can look forward to another -10% drop then.

Still we wait here as this trend downwards.

$BAC

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