SIA Charts Daily Stock Report (siacharts.com)
The SIA Daily Stock Report utilizes a proven strategy of uncovering outperforming and underperforming stocks from our marquee equity reports; the S&P/TSX 60, S&P/TSX Completion and S&P/TSX Small cap We overlay these powerful reports with our extensive knowledge of point and figure and candlestick chart signals, along with other western-style technical indicators to identity stocks as they breakout or breakdown. In doing so we provide our Elite-Pro Subscribers with truly independent coverage of the Canadian stock market with specific buy and sell trigger points.
Note: Subscribers can screen all Canadian and U.S. stocks and mutual funds, or as components of equally weighted mutual fund sectors indices (e.g. Income Trusts, Precious Metals), and fund groups by issuer (eg. AGF, Dynamic, Franklin Templeton), all Canadian ETFs, ETF Families by issuer (iShares, Horizons, BMO) or as components of Equally Weighted ETF Sector Indices (e.g. 2020+ Target date, Cdn Equity Lg Cap), and create and monitor their own, or SIA's existing model portfolios. Finally, subscribers benefit from being able to generate BUY-WATCH-SELL Signals on demand with SIA Charts proprietary Favoured/Neutral/Unfavoured, SMAX scoring algorithm (see green-yellow-red graph 1 below).
BANK OF AMERICA CORPORATION (BAC) NYSE - Feb 15, 2013
GREEN - Favoured / Buy Zone
YELLOW - Neutral / Hold Zone
RED - Unfavoured / Sell / Avoid Zone
BANK OF AMERICA CORPORATION (BAC) NYSE - Feb 15, 2013 - After a pullback in January, Bank of America (BAC) has regained its strength and is closing in on resistance at $12.59. Continued strength then sees $13.91 as the next potential resistance area. Support is now in the $11 area and again at $9.74.
On September 12, 2012, Bank of America (BAC) moved back into the Favored Zone of the SIA S&P 100 Report, in 24th spot. At the time it was approaching resistance at $9.94, a move above that saw $10.97 as the next potential resistance point. Support was at $8.65 and again at $8.15, back in September.
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