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Bank of America (BAC) stock is up 13% in 2013 and rallied above $13 today. Bank of America (BAC) is up 64% in the past year but down 67% in the last 5 years. So what is ahead for BAC stock?
Bank of America has traded in a channel between $11-$13 for most of 2013. If the stock can make several closes above $13 without a pullback, we could be looking at a $14-$15 stock soon. Pullbacks below $12 are a strong buy for the rest of 2013.
Also see - Top Stocks 2013 - Top Stock Gainers 2013
