alingtonsky
Forumer storico
April 12, 2009
The stock price of Bank of America (BAC) made an impressive move Thursday moving up 33.5% with more than one billion shares traded. The stock chart of BAC is showing a classic cup and handle pattern
....
The breakout today happened during a holiday week which are typically bullish and with a smaller number of market participants active. Most traders will discount any major price action which happens during this period. However, what is unusual about BAC’s breakout is that the numbers of shares traded crossed the 1 Billion mark, perhaps the highest level in BAC’s history.
...
http://seekingalpha.com/article/130...for-a-major-move-up?source=article_sb_popular
The stock price of Bank of America (BAC) made an impressive move Thursday moving up 33.5% with more than one billion shares traded. The stock chart of BAC is showing a classic cup and handle pattern
....
The breakout today happened during a holiday week which are typically bullish and with a smaller number of market participants active. Most traders will discount any major price action which happens during this period. However, what is unusual about BAC’s breakout is that the numbers of shares traded crossed the 1 Billion mark, perhaps the highest level in BAC’s history.
...
http://seekingalpha.com/article/130...for-a-major-move-up?source=article_sb_popular