Blog description

My photo
A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Thursday, February 4, 2010

BAC


Perhaps a bounce play on BAC off the 200 day SMA @ $14.75. A very tight stop just below the $14.60 and switching the trade to short as the descending triangle would have broken to the downside.


For the Web's best interactive charts, please visit http://www.Prophet.Net

No comments: