Acampora: BofA and Citi are buys after breaking resistance

|About: Bank of America Corporation (BAC)|By:, SA News Editor

A look at price charts for Bank of America (BAC +1.1%) and Citigroup (C +1.5%) shows well-followed technician Ralph Acampora likely sees $16 as a key level for BofA and $50 for Citi. The recent rally has brought Bank of America to $16.32 and Citi to $51.67. Next stops $18 and $55, respectively?