With a solid housing recovery and decent US economy, BAC has no business below book value. In the mean time, the trade is around the 9sma and 20 sma. It can very well keep riding the 9sma, but it can also test near the 20 sma (thats the time to go heavy).
And, there's a gap $15.62-68 from year end that the gap fillin mofos are salivating to fill. You can't make this shit up!ReplyDelete