Bank of America (BAC) got a nod from Jim Cramer during Tuesday's Lightning Round segment of Mad Money.
Let's check out the charts and see if BAC gets a nod from me.
In the bar chart of BAC, below, we can see that the shares have just edged above the top end of a five-month trading range. Prices are trading above the rising 50-day moving average line and above the rising 200-day line.
The trading volume pattern looks steady but the daily On-Balance-Volume (OBV) line has strengthened the past two months and supports the price gains we have seen since July. The Moving Average Convergence Divergence (MACD) oscillator is positive and pointed upward.