Bank of America hit TP1, it might soar to $48 or drop to $8?

BoA has demonstrated some good harmonics.

A bearish BAT was formed from 2010 to 2014. it has nicely hit TP1 in Feb 2016.

it is rebouding to retest the $17~18 level. if it breaks, long term bullish view till $48. if it doesnt break, bearish till $8.

Let's see.

הערה:

Bank of America is moving up nicely in our case 2!