Inverse Head and Shoulders on the weekly / daily BACBAC chart.
I would probably wait for BAC to rise above $30.5 -$31 before entering into a long position.
If BAC sees $31 then the first target is $32, and the last target is $35 (although I find this hard to believe to be honest).
Something to consider: WFC Wells Fargo has a Head and Shoulders pattern on weekly / daily. These two stocks appear to rise and dip at similar times due to both being banks (no shit).
Like always, open to constructive criticism.
Thanks for visiting.
Nota
First target hit.
BTW my BAC $31 calls expired worthless on Friday, lame.
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