Based on recent chart movements and stock price $14 seems like an inflection point.... If it breaks above that, it could move up to $15.50 which is where the next big resistance is set. That being said, the market is at a stale mate right now from completing the "W" formation. The market could pull back 3-4% before BAC and the market makes it's move. OR BAC could just be stopped at $14 and retrace back to $13 where the next support line is below. Either way, there is definitely some BIG money to be made here if the cards play right. Either way, a straddle/strangle will be an easy money maker at the 13.50 or 14 mark.
Personally, I can see this going to $15 or even as high as $17 by May 1st which is where BAC was in the beginning of Dec. Earnings due out 4/14/16 which is 1 day before opt ex. The $14's are .36 and the $15 are .09