Expecting short term pull back on bullish channel

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The markets rose quite a bit this week due to positive job reports for May, which has given investors positive outlook for the markets. However, BAC is at the top of the channel so i expect it to pull back a little bit before climbing higher. Might buy a few puts depending on where the price action heads during market open. if it breaks the channel it is also a good sign.
Any thoughts on this are appreciated, Thank you and happy trading!
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*Disclaimer* I am not a financial advisor, anything that I put up is for education purposes only.
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