ChartPros Market Insights
June 18 Chart of the Day - Bank of America
Bank of America is in the news this week but not necessarily for anything they did...
According to recent published reports, the bank is one of Warren Buffet's top 2 holdings with over $40B invested representing roughly 10% of the Oracle of Omaha's Berkshire Hathaway's holdings. The top spot belongs to Apple.
For this reason alone, we wanted to review their chart from price action technical analysis perspective.