Resistance and support levels
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Stock Of The Day: Support For Bank of America?
Benzinga· 2026-01-14 23:27
Bank of America Corporation (NYSE:BAC) is our Stock of the Day.The firm’s shares are trading lower on Wednesday, despite its beating earnings estimates. Some analysts and traders are watching to see if this is a buying opportunity.The chart of Bank of America illustrates an important market dynamic that suggests that it may be. In bull markets, there is a large amount of seller’s remorse among traders and investors. This is because they sell items and later regret it when the price rises.Sometimes, when thi ...