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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
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Tuesday, September 11, 2012

Breakout Coming on Bank of America?

Further to my post of September 8th, we may see a breakout on BAC as price has rallied, once more, to double "Golden Ratio" Fibonacci confluence resistance, as shown on the Year-to-date Daily chart below. Volumes have increased over the past several days, so we may see a volatile move one way or the other soon.