Algokid

LONG - Bank of America- Long Term Trade

Long
BATS:BAC   Bank of America Corporation
Sounds crazy, but I believe BAC has already bottomed and ready to go up again. Historically, the buy volume at this price level is pretty high. The price is currently above it's 10 month EMA . I have no stop , or specific target for the trade, but will review once resistance is hit around $9.41. Will manage trade on a monthly basis.

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.