IvanLabrie
Long

BAC: Massive cluster of earning levels above

NYSE:BAC   BANK AMER CORP
3 months ago
The short term chart shows very bullish signals in BAC             , we can enter longs here, on dips to 15.45, and/or add on a break of 15.85. Stops for all positions should be at 14.81.
There is a giant resistance zone above, so if crossed, we can let this trade run for a good while.
Most traders are not in stocks from this sector, and it's not a good idea right now.

Good luck!

Ivan Labrie.
3 months ago
Comment: Boom, breakout of resistance.
3 months ago
Comment: Hold!
3 months ago
Comment: Place a stop loss at entry price.
2 months ago
Comment: I'm doubling up and placing a stop loss at 18.35, last: 18.69
2 months ago
Comment: Up nicely on my second entry, risk is nill...holding.
2 months ago
Comment: Tripled the stake at 18.98, moved stops to 18.75.
2 months ago
Trade closed manually: Closed at 19.41
a month ago
Comment: I haven't gotten back in, but rode WFC to catch up to the portion that I missed. It's better to ride this one and trail stops gradually higher if in, and add to it if you get scared of heights.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
ChimbOt PRO
2 months ago
Nice here
+1 Reply
IvanLabrie PRO ChimbOt
2 months ago
@ChimbOt, Hey, thanks. You're in?
Reply
javierruizmo
2 months ago
What a pity not to have entered before
Reply
IvanLabrie PRO javierruizmo
2 months ago
@javierruizmo, Where did you buy? If you trade it for the long term , you can hold and hedge with options if needed.
Reply
IvanLabrie PRO IvanLabrie
2 months ago
@IvanLabrie, I tightened my stop more and added again. Minimal risk on the add, I wouldn't want to hold if it turns down for the day before the close.
Reply
vaicru PRO
2 months ago
Very, very, very well !!! Great job.
Reply
timwest PRO
2 months ago
Nailed it! Great job Ivan
+1 Reply
IvanLabrie PRO timwest
2 months ago
@timwest, thanks!
Reply
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