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).

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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 (http://markettechnicalview.blogspot.com/2012/01/bank-of-america-broke-important-trend.html) 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.


Posted by Adrian Filip at 4:35 PM
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1 comment:

  1. Jim ThomsonJanuary 19, 2012 at 3:08 PM

    Nizza Post!

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    ReplyDelete

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