chat bubbles say it all. Currently on lower TF it's looking like trying to find sell setups is a good idea.
Long at the 786 PCZ of the bullish gartley. Freat spot for longterm shares. Fantastic for a swing trade. Lets do it boys!
$BAC if loses 1-month support can see a big drop. Look at the end of the day for a clean break and buy weekly puts. *for entertainment purposes only, not investment advise*
NYSE:BAC The idea is to hold for now and wait that the resistance level of 25.5 USD will be broken before going long, otherwise just hold.
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Long 100 BAC Short 22 PNC
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart.io Long 100 BAC Short 22 PNC
200sma has been a strong resistance since the March drop. The red circles show 4 times trying to get to it. Placing fibonacci retracement lines shows confluence with a support level (green rectangle from late June --> early July) The 20sma crossed below the 50sma on September 27th. (Bearish signal trend model) Also, if we close at the current price, we are...
Disclaimer
BAC looking to repeat this pattern, looking to retest 55 within these next couple years. Bounce off my support zone at 18.04 making its way up to retest 35.40 break that we could see an overall move up to $44. Perfect stock to add to your long term portfolio. Warren Buffet's second largest holding in his portfolio is BAC so why not invest and follow the most...
Trend broken . Send it to March lows .
NYSE:BAC Just an idea: Wait for it drop to $23.00 - $23.50 zone. Then entry Long to $25.00 - $25.50. Stop loss or hold long is up to you. Disclaimer!
Picture perfect chart here. Only 4% between following key levels: - Support line has been tested 5 times & now coinciding with 50 dma - Resistance line has been tested 2 times & has been coinciding with 200 dma Daily RSI convergence confirming price action While in the middle of those support / resistance lines, 2 major dma's, we are also stuck between the 50 &...
BAC now clean break below trendline in overall downtrend. This could be a big long-term short around this area. (Opinion only, not financial advice)
My trade plan is continuous keeping all of Long positions in the Banking Sector. JPM and BAC can return to Uptrend after hit the Bottom Support Trend Line. Disclaimer!
Against a backdrop of the broader stock indices that don't seem to want to spend ANY time, at ANY level (w/ the possible exception of the Russell 2000), today we forayed BACk into Bank of America using a dynamic support level that printed at 25.5. When breakouts or fades get tricky, we like to fall BACk (okay, stop me) to names that are staying inside a well...