Today, BAC is close to crossing a major point in it’s long down trend from $88 back in 2004 down to its current price of $14.86. Crossing this point will catch many people off guard and we could see Bank of America stock climb to $20 pretty quick from here. On the other hand, Bank of America seems to keep running into problems with scares of Assange leaks and past mortgage issue settlements. The other odd thing is the amount of website outages Bank of America has. It is very unsettling when the largest bank in the country has so many problems with it’s website.
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