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Stock Of The Day – Is The Move Higher In Bank Of America Over?
美国银行美国银行(US:BAC) Benzinga·2025-10-16 01:13

Bank of America Corporation (NYSE:BAC) is trading higher on Wednesday. The company reported earnings that exceeded analyst estimates. It also increased its forecast.At least for now, the move higher has stalled at around 52.70.Therewasresistanceatthispricebefore.ThisiswhyBankofAmericaisourStockoftheDay.Stocksoftenencounterresistanceatlevelsthathavepreviouslybeenresistance.Asyoucanseeonthechart,therewasresistancearound52.70. There was resistance at this price before. This is why Bank of America is our Stock of the Day.Stocks often encounter resistance at levels that have previously been resistance.As you can see on the chart, there was resistance around 47 in November. There was also resistance in Febr ...