17th March 2011–Pattern Study–BAC

Ticker:

 

1. BAC

 

Topic:

 

1. Drop down from Triangle Formation

 

Lesson Learnt:

 

1. When C is not doing well, BAC will not do well too.
2. BAC broke the triangle and fall.
3. BAC broke down the 20MA and 50MA lines.

 

Intraday Chart

Historical Chart