Thursday, November 21, 2013

Bank of America (BAC) & Banks Breaking Out

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Banks/financials are breaking out, ITZ fave has been Bank Of America (BAC). Near term PT objective is $16, then reassess at that level. Recent news

ITZ has a full position in BAC see details in comments section


itzstockchartz said...

raise stop from $14.90 , use daily 8-ema as 1st stop & 21-ema as 2nd 1/2 stop

itzstockchartz said...

8-EMA STOP HIT, EXITED 1/2 POSITION @ $15.60 vs 11/19/13 entry of $15.00 = +4%

itzstockchartz said...

STOP HIT $15.31 exited remaining 1/2 position entered Oct 17th $14.45 +$0.86 for +5.95%