BAC: Massive cluster of earning levels above

2 ต.ค. 2016

The short term chart shows very bullish signals in BAC, we can enter longs here, on dips to 15.45, and/or add on a break of 15.85. Stops for all positions should be at 14.81.
There is a giant resistance zone above, so if crossed, we can let this trade run for a good while.
Most traders are not in stocks from this sector, and it's not a good idea right now.

Good luck!

Ivan Labrie.

4 ต.ค. 2016

บันทึก

Boom, breakout of resistance.

5 ต.ค. 2016

บันทึก

Hold!

6 ต.ค. 2016

บันทึก

Place a stop loss at entry price.

10 พ.ย. 2016

บันทึก

I'm doubling up and placing a stop loss at 18.35, last: 18.69

11 พ.ย. 2016

บันทึก

Up nicely on my second entry, risk is nill...holding.

11 พ.ย. 2016

บันทึก

Tripled the stake at 18.98, moved stops to 18.75.

14 พ.ย. 2016

ปิดการเทรด ด้วยตนเอง

Closed at 19.41

8 ธ.ค. 2016

บันทึก

I haven't gotten back in, but rode WFC to catch up to the portion that I missed. It's better to ride this one and trail stops gradually higher if in, and add to it if you get scared of heights.