Chart Lovers Cite Bullish Signals to Predict Rally in Stocks
- BofA looks to third test of S&P 500’s 200-day moving average
- Benchmark can ride a wave to 3,150, Brickell Analytics says
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It’s been three months since the correction and stocks are still struggling to regain momentum. But for some technical analysts, the foundation for an upward break in stocks is all there in the charts.
Here are a few indicators they’re citing for that optimism: