Bank of America (BAC) | 4D Chart 📈
After a hard dip into $33.07, BAC is finding its legs — now reclaiming the 0.382 Fib level (38.78) and pushing toward the 0.5 zone at $40.54. A full retrace into the 0.618 (42.30) and possibly the 0.786 (44.81) would not be far-fetched if this bullish pressure continues.
🧠 Psychological Breaker: $40
🟣 Macro Resistance: $47.98
💡 Watch for a clean retest above the 0.5 for continuation signals.
With broader rate expectations shifting and financials showing life, BAC could be riding the first wave of a larger capital rotation.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.