Before the market opened, BAC gapped up 8 cents from yesterday's close. BAC closed the gap at 11:10AM. At 9:55AM, Morgan Stanley was the first bank to close the gap. Keeping an eye on on MS and other financials would have been the clue that BAC would eventually fill its gap. The next trade in BAC was to buy the unch. Goldman Sachs would have been the clue to buy the unch and hold. At 11:05AM, GS broke above VWAP and and broke through R1, R2, and R3. BAC and GS both closed just above VWAP.
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