Bank of New York Mel Weekly (22/2014) Chart Technical Analysis

The Bank of New Your Mellon Corp (BK) weekly chart shows the following signs:

The Price of BK made a doji over the Tenkan Sen and is on bullish signal over the KUMO. The MACD isneutral and the RSI bullish. The Stock is over the EMA200. In last post I described a cup with handle pattern.

I expect that the stock will continue the bullish movement until the first resistance at $35,69 (the top of cup).