BAC on Repeated Sell Signals

This morning Bank of America hit a new 52 week low, and traded at its lowest level since 1991.

Fusion IQ’s Timing Signals put a new sell on BAC after the close on Tuesday. Since it is also such a low rank in Fusion IQ we would have not suggested be long for a while, however these “heads-ups” signals can sometimes be your last chance to get out.

Citigroup has been on a Sell signal since the 12th of November 2008 and looks like it will be testing the November lows.


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