$BAC
Few things to note:
1. Rejected a second time @ 29
2. Small $0.50 gap im looking to have filled
3. Looking for a bounce/ fall through @ $27 (set alerts)
4. RSI: in oversold territory - indicating a continued selloff
5. SMI at multi month high and rolling over.
Plays:
1. Buy over 29.50 and use 28 as stop loss
2. If is bounces at 27, enter @ 27.50 and use 26.50 as stop loss.
3. Potential in bearish case to move back towards $25 as a entry point.
Few things to note:
1. Rejected a second time @ 29
2. Small $0.50 gap im looking to have filled
3. Looking for a bounce/ fall through @ $27 (set alerts)
4. RSI: in oversold territory - indicating a continued selloff
5. SMI at multi month high and rolling over.
Plays:
1. Buy over 29.50 and use 28 as stop loss
2. If is bounces at 27, enter @ 27.50 and use 26.50 as stop loss.
3. Potential in bearish case to move back towards $25 as a entry point.