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ContraryTrader
Nov 5, 2021 5:49 PM

BAC swing trade 🐻 Short

Bank of America CorporationNYSE

Description

Ran up really fast through Sept due to rising 10yr and formed a rising wedge . coincidentally BAC fell out of this rising wedge when Powell announced no rate change is imminent which sent yields plummeting.
44.22 Is really strong support, dating back 20yrs (see previous post). If it bounces there, look to cover..

Stop loss 47.50

Comments
bikoberrytos
Great Ideas, can you provide your TA on PYPL Please and Thank you :)
ContraryTrader
@bikoberrytos, I did pypl for u 😉.. enjoy your weekend
bikoberrytos
@ContraryTrader, Thank you , you are the BEST
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