Bank of America has been on a consistent horizontal trend with a strong support at about $26.00. Extremely oversold right now as it can reach $30.00 by the end of the year for an easy 10% return.
BAC price near to strong support line also near to trend line. possibly buy. wait for 123 pattern for confirmation. also watching this one .
its only a little piece of chart hope this scenario occure in future
Bank of America stock has one of the strongest uptrends in the market since the end of the financial crisis. In comparison with XLF, BAC is up 88% in 5y. Since January stock has been trading in a range from $26.5 to $31.2.askbrokers I will pay close attention at MA200, which stands as a strong support level and the price at $28. If the price break below those...
BAC reversed off its resistance at 30.91 where it could potentially drop further to 30.78. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Bank of America Corp. has been buying new technology in Artificial Intelligence, Machine Learning, Dark Data Mining, and Robotics. Like other banks, it has been stabilizing its stock with heavy Buybacks.
Weekly chart: Inverted Head & Shoulders + Golden Cross on Ichimoku (9,26,52)
BAC expected to rise up to 1st resistance at 30.91 where it could potentially react off and drop down to 1st support at 29.85. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
The earning season already take places! Let's check out the major names that will have their earning report this week with me yo! Mon: C Tue: GS, JPM, JNJ,WFC,UAL, IBKR Wed: ABT, BAC, NFLX Thur: MSFT, MS, UNH and I got only 20 minutes so I didn't record down Friday names like AXP, BLK, and SLB! Let's see how they go this week yo!
Having bet the street's earnings estimates for the past 9 quarters, BAC looks bullish ahead of its quarterly earnings announcement today. With above average volume just confirming price action, we might expect to see an upside movement in the after hour markets today. The stock is currently above its short-and long-term moving averages, as well as breaking through...
Earnings July 16 before open, 9000 7/26 $116 calls bought last week and still in OI. Inverted H and S on monthly, Weekly quad top. Stockcharts july seasonality for jpm and banks are 100%
05-Jul Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength. Investing position: In Falling section of high risk & low profit S&D strength Trend: About to begin a downward trend as a rebounding trend gradually gives way to increasing limited rises and strong falls. Today's...
24-Jun Investing strategies by pretiming Investing position about Supply-Demand(S&D) strength: In Falling section of high risk & low profit Supply-Demand(S&D) strength Trend Analysis: About to begin a rebounding trend as a downward trend gradually gives way to slowdown in falling and rises fluctuations Today's S&D...
BAC reversed off its resistance at 29.21 where it could potentially drop further to its 27.43.
Rising Wedge, will we hit the target? Will probably take some time to hit it but seeing similar pattern in BAC etc. Hit me with a follow and let's retire.
BAC is approaching our first resistance where we might see a corresponding drop below this level to our first support level. Stochastic is also approaching resistance where we might be seeing a corresponding drop in price.
This is my analysis, please comment your thoughts