BAC-is breaking out to the upside.
Here are the positives:
1. Currently a buy Fractal.
2. The lower indicator under the chart is CHOP; readings below the shaded area (38.2) indicate a trend.
3. The top lower indicator is phase energy, and this is positive.
4. The alligator is feeding in the uptrend.
5. RSI / Stochastic (top indicator) is strong.
6. Prices are trading above the Ichimoku Cloud.
7. Prices are trading above the thick red Ichimoku Cloud conversion line.
8. Prices are trading above the Ki jun-Sen baseline of the Ichimoku Cloud and this has been HEADING SHARPLY HIGHER.
In my opinion, BAC-is in a solid uptrend.
Good luck to you. Don.
Here are the positives:
1. Currently a buy Fractal.
2. The lower indicator under the chart is CHOP; readings below the shaded area (38.2) indicate a trend.
3. The top lower indicator is phase energy, and this is positive.
4. The alligator is feeding in the uptrend.
5. RSI / Stochastic (top indicator) is strong.
6. Prices are trading above the Ichimoku Cloud.
7. Prices are trading above the thick red Ichimoku Cloud conversion line.
8. Prices are trading above the Ki jun-Sen baseline of the Ichimoku Cloud and this has been HEADING SHARPLY HIGHER.
In my opinion, BAC-is in a solid uptrend.
Good luck to you. Don.
