BAC - struggling financials

Despite the broader market close to historic highs, the financials are relatively struggling. Bank of America (BAC) settled lower by a rather significant -2.1% @ $16.28. Near term outlook offers further weakness to the price gap zone in the $15.50s.


BAC, daily

BAC, monthly

Summary

*I remain broadly bullish the financials, of which BAC would be my primary stock.
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Suffice to say, it was not the best of days for BAC, but still... it could merely be in the process of a minor retrace to the gap zone from a few weeks ago - in the mid $15s.

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Long term, I am seeking a monthly close in the $18s.. .and that should clarify a hyper-bullish move to the $30 threshold within the next year or two.