With this short term bull, BAC starts to hanging on the support and try to turn around to become bullish. Is BAC consider cheap now?

Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low  - (Bearish)
3) MACD -Bullish Crossover  and 4R1G (Bullish)
4) RSI - Broke above 30% but retrace slightly (Bullish) -
5) Sto - Formed Bullish Crossover and broke above 20% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick -Dark Cloud (Bearish)

4Points

      3 Points

Winner Bear ( Throw down wrestling style)

 

This counter need to strongly break above the resistance 6.93 for any chances to bull

 Entry Price 6.96

Resistance at 7.49( Gap Down) and 7.91

Support a 6.5

 

Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

http://edwinextremebullrun.blogspot.com/search/label/FORUM