Blue Chip Daily Chart of the Week

Blue Chip Daily Chart of the Week:
Bank of America, BAC
Close: 39.18
Stop level for position traders and investors: 33.30
please see chart analysis below

  • Bank of America (BAC) is one of our top technical ideas coming into the week, and is on this week’s Members Top 25 Stocks List.
  • BAC is currently trading over rising 50, 100 & 200-day moving averages.
  • BAC recently pulled back 7.3% from multi-year highs and held at the rising 50-sma.
  • BAC has put in a series of higher highs and higher lows, indicating a strong uptrend.
  • 35-36 is key support on any pullbacks, and over 41 could signal a new breakout.


Have a great week,

Larry Tentarelli
Disclaimer – Blue Chip Daily Trend Report













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