ARTICLE SYNOPSIS...A breakdown in late February and a dead cross in late March are enough to turn medium-term bearish on Bank of America. This bodes ill for the biggest sector in the S&P 500.
ARTICLE SYNOPSIS...The primary momentum indicator should always be price. To measure true momentum in price, many technical traders turn to candlesticks to help predict market direction for both long- and short-term periods.
ARTICLE SYNOPSIS...Shares of Bank of America continue to trend higher, but two key price cycles are warning of a near-term reversal.
ARTICLE SYNOPSIS...Price cycle studies suggest that Bank of America shares may be due for more gains in the weeks ahead.