Bank of America, showing strength and growth... Long

Bank of America CorporationNYSE

Description

⋅ Apr 11, 2023 3:50 AM

BANK OF AMERICA (BAC) is showing signs of net buying / accumulation at the current levels -- conveying anticipation of the April 18 earnings results. The last December 2022 results beat expectations -- and it looks like the confidence will be the same for this season.

SEEDED L at 27.5

TAYOR.

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Here are some fundamental data last quarter 2022:

DECEMBER 2022 (DATA)
EPS (USD)
Expected
0.77
Reported
0.85
Surprise
10.71%

Revenue (USD)
Expected
24.22B
Reported
24.53B
Surprise
1.28%

Trade active

⋅ Apr 16, 2023 10:47 PM

We got a good initial upside on BAC. More to go.

Comment

⋅ Apr 19, 2023 12:25 AM

Numbers are IN!
March 2023 1Q RESULTS:

EPS (USD)
Expected
0.82
Reported
0.94
Surprise
14.60%

Revenue (USD)
Expected
25.22B
Reported
26.26B
Surprise
4.11%

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no where but up for BAC.

Trade active

⋅ Jun 15, 2023 8:27 AM

Accumulation is still ON. Significant Upside still in play.

Comment

⋅ Jul 5, 2023 4:43 AM

MACRO VIEW : MONTHLY DATA - Accumulation is definitely ON for BAC.

KEY NOTES:
MONTHLY PRICE shifting significantly.
7-month Major order block support bounce.
Surging net volume.

Comments

Princesslv

⋅ Jul 6, 2023 12:38 PM

I thought it might go to $24

JSAL

⋅ Jul 6, 2023 10:42 PM

@Princesslv, Monthly shift has commenced. Verdict: HOLD.

elisanascar

⋅ Apr 19, 2023 2:17 PM

Sure hope so, not today though.

JSAL

⋅ Apr 19, 2023 12:25 AM

Great 1Q results for BAC. Price ascend will continue.

JSAL

⋅ Apr 16, 2023 11:09 PM

Bank of America (BAC) is scheduled to report earning on Apr 18, 2023. Expect big movement.