Market Technical View is a blog that mostly concerns the technical analysis of different financial instruments like indices, commodities, stocks, ETFs and currencies.

All the posts are structured in 3 main chapters that can be found in Content, in the upper right-hand corner of the blog.

Market perspective. The technical approach consists of chart patterns and important support/resistance zones. The purpose of this section is to give directions of the price on short and medium term (a few days up to a few months).

Trading setups. The analysis posted here will provide trading scenarios based on different technical tools.

Romanian Market. This is a section dedicated to Romanian stocks and indices.

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Monday, January 16, 2012

Bank Of America goes according to scenario

This is just a quick update for Wednesday’s analysis ( where a bullish scenario was mentioned.

T1 line is acting now as a support and there could be a retest of it in the future days. The first target is in the $8.38-$8.90 area.

1 comment:

  1. Nizza Post!

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