Shares of Bank of America $BAC has been rallying since late December, but has found resistance right around $30. After a recent pullback that found support around $26.80, price is again pushing towards the resistance around $30.BAC Daily Chart(click to enlarge)Consolidation- As we can see on the daily chart, BAC has been in consolidation, with a bit of a bearish bias as well since it high a high around $33 a share in early 2018.- It cracked below $23 in late December before rebounding to the $30 area.- Here we have a previous support level and a falling trendline that is acting as resistance.- The fact that price has been holding under $30-$30.25 in the recent months suggests that a break above this area could open up a bullish trend back towards the 2018-high around $33.- For the bullish outlook, the $28 and $26.80 support pivots should hold. A break below $26.50 for example, would be a sign that the market is still in bearish correction.- This would put pressure back to the $22-$23 area.