WilliamL

long bac

Long
NYSE:BAC   Bank of America
3
I like this stock and this is why:

I love it because there is a nice support line.
The stock bounced at it today so this is positive for a potential.
I like the candle because that is a doji and a doji shows indecision and indecision after a down move like that is usually signs of a reversal.
I also like it it because the stock had great earnings and the stock did a nice move on the uspide and normally after a nice move up like that , you see a retracement and this is what happened and after a retracement there is great chance that there will a continuation of the trend and this is what i think will happen.

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