OptionsMastery

Short BAC idea.

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BATS:BAC   Bank of America
Here is my thoughts on BAC
I am watching for this to go down here in the near future. I will be looking for a rejection of this supply zone with the Heikin Ashi candlesticks. My Take-Profit is the first gap fill and my SL would be at the top of the supply zone. As you can see here, we also have the MACD slowing down the buying pressure. Thank you as always for reading my analysis.

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