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BAC Reaching For Long Term Channel Line

Tags: upper
BAC has been pushing the last six months inside of its two year blue ascension channel.  BAC is also approaching the Upper line of its eight year black line channel.


click on image to enlarge




This upper channel line was well established in 2009 ad 2010 so it will be scrutinized as it approaches the line again.


Trade well my friends

Alan


This post first appeared on The Stock Market Viewpoint, please read the originial post: here

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BAC Reaching For Long Term Channel Line

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