i have been observing BAC for a while.
it jumped up with big volume to be above the MA(50), now the MA(50) is a supporting line,which is very good for the bull.
However, its resistant is $7/share. Therefore, i dare not touch it for short term.
For long term (3 -9 months), so long the BAC is on the MA(50), it is ok to keep it.
Saying that, if there is other better choice, then the story will be different.
only my thought.
