BAC is testing its resistance at 31.43 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap resistance) where price could potentially drop to its support at 29.59 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) is testing resistance at 97% where a corresponding reversal could occur. We have also identified a bearish divergence with price that contributes to our bearish bias.
Stochastic (89, 5, 3) is testing resistance at 97% where a corresponding reversal could occur. We have also identified a bearish divergence with price that contributes to our bearish bias.
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