Bank Of America Technical Preview: Friday's Rebound Positive

 | Mar 22, 2015 12:32AM ET

Friday’s nice rebound from a 2-month low was very positive for Bank of America Corporation (NYSE:BAC) share. However, a close above $16.25 is needed to turn the trend upward. Otherwise a break below $15.57 would start filling the February gap, before targeting $15.

BAC daily chart (6 months):