BAC Daily Chart
July 10, 2014

Price breakout Fibonacci $15.95 on July 3 but failed to continue this week, there is a lot of support at $15.46, DMI is bullish but ADX is heading down below 20 meaning we may see sideways till ER onext week on 7/16.

October 12, 2013

Price Bounced right at Fibonacci support $13.60 also the bottom of the uptrend channel and finished the week between 10sma(red) and 50sma(green) a good trade at this level could be a long entry about 50sma with a stop at 10sma (13.90), earnings report is 10/16 and usually price rally before earnings, there is a small resistance at $14.65 also but the real resistance and target is $15. Robust indicators are bullish/neutral but Price action is very bullish.

September 4, 2013


Price is holding above Fib suport $13.96 if price breakdown the bottom of the uptrend channe can be support at $13.50 them fib support at $12.64 Indicators are Bearish but on DMI directionals are hedint for a crossover meaning bull can take over any day.

McBillion Bulls: Enter Long above DEMA 21 $14.50 resistance/exits $15, $16.10 Option traders use 4 Oct 13 (W) 13.00 Calls at $1.30

McBillion Bears: Enter Short below Fib resistance $13.96 resistance/exits $13.50, $12.64 Option traders use
4 Oct 13 (W) 15.50 Puts at $1.30
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