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Bankofamerica

BAC Pullback Into MA — Is This the Next Swing Continuation Move?🔥📈 BAC — Bullish Pullback Playbook Into MA | Thief-Style Layer Entry 📊💼 Hey Traders! 😎 Here’s my Bullish Pullback Into Moving Average playbook on BAC — Bank of America Corp (NYSE). Clean setup, thief-friendly layering, and a classy escape plan 😅🕶️💸 📘 Asset BAC — Bank of America Corporation (NYSE) Swing-trade style breakdown with a professional twist and a few laughs for the OG Thief Family 😄💼 🎯 Plan: Bullish Pullback Into the Moving Average Price is dipping beautifully back toward key Moving Averages — classic bullish continuation behavior. I’m monitoring for strength after the pullback along the MA zone. ✔️ 🟦 Entry Plan (Thief Layering Strategy) Thief strategy = multiple limit orders placed at different value zones. This helps average in during the pullback without chasing. 👇💰 🔥 Layered Buy Limit Zones: 50.50 51.00 51.50 52.00 (Feel free to extend the layers if your own plan requires it.) This is NOT a buy signal — only an example of a layering method for educational purposes. 🛑 Stop Loss (Thief Style) Thief SL zone: 49.00 This is merely an illustrative SL point in my personal playbook style. Note: Dear Ladies & Gentlemen (Thief OG’s), I am not recommending that you use my SL. You make your own decisions and manage risk according to your plan. 🎯 Target Zone We have strong resistance overhead + extended levels + potential liquidity traps. So the smart thief knows when to take the bag and vanish 🏃💨💰 My take-profit zone: 56.00 Note: Dear Ladies & Gentlemen (Thief OG’s), I am not recommending that you use my TP. You make your own choices — take money when you want, at your own risk. 🧠 Market Notes & Why the Setup Works Price respecting MA structure Clear bullish momentum on higher timeframes Liquidity resting above recent swing levels Healthy pullback with momentum probability toward continuation Good behavior around institutional zones 🔗 Related Pairs to Watch (Correlation Insight) BAC has measurable correlation with U.S. financial-sector instruments. Watching them helps confirm sentiment 🧩📊 AMEX:XLF — Financial Select Sector ETF When XLF is strong, BAC often follows the broader sentiment. NYSE:JPM — JPMorgan Chase Sector correlation; bullish flow here can support BAC continuation. $C — Citigroup Similar pullback and continuation behavior; keep an eye on banking flow. AMEX:SPY — S&P 500 Strong indices = supportive environment for major banks. 📘 Quick Correlation Summary Banking stocks move together due to macro factors like rates, liquidity, and earnings expectations. Strong AMEX:XLF + bullish AMEX:SPY generally improves probability for bullish pullbacks in BAC. If all “sister pairs” show weakness, expect slower continuation. ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” ⚠️ Disclaimer This is a thief-style trading strategy created for educational and fun purposes only. Not financial advice, not signals, and not a recommendation to buy or sell any asset.
NYSE:BACLong
by The-Thief
Bank of America (BAC) — Breakout Structure Analysis🏦 BAC Bank Heist Alert: Moving Average Breakout & Retest Play! 💰 📊 BANK OF AMERICA CORPORATION (NYSE: BAC) Market Strategy: Bullish Day/Swing Trade Setup 🎯 Trading Style: Thief's Layered Entry Method 🎯 THE SETUP 📍 Entry Strategy: Flexible Multi-Layer Approach The "Thief Strategy" utilizes multiple limit orders (layering technique) for optimal positioning: 💎 Suggested Buy Limit Layers: Layer 1: $53.50 Layer 2: $54.00 Layer 3: $54.50 Note: You can add more layers based on your capital allocation and risk tolerance 🚀 Bullish Trigger: Moving Average BREAKOUT & RETEST confirmed 🎯 PROFIT TARGET Take Profit Zone: $56.50 🏆 Why This Target? The moving average is acting as a "Police Barricade" 🚧 — strong resistance zone combined with: 📈 Overbought conditions developing Potential bull trap formation ⚠️ Lock in profits before the crowd exits Important: This is a suggested target. Feel free to adjust based on your own analysis and risk management. Your profits, your rules! 💪 🛡️ RISK MANAGEMENT Stop Loss: $53.00 🛑 Disclaimer on SL: This stop level is based on the Thief OG strategy framework. However, YOU are the boss of your own trades — adjust your stop loss according to your risk tolerance and account size. 📰 FUNDAMENTAL & ECONOMIC FACTORS 💡 Key Catalysts Driving BAC: 📊 Q4 2025 Earnings: Bank of America delivered strong quarterly results with $7.6B in net income and $28.4B in revenue, driven by trading, investment banking, and asset management growth 🏛️ Federal Reserve Policy: The Fed held rates steady at 3.5%-3.75% in January 2026, with BofA economists projecting the 10-year Treasury yield ending at 4-4.25%, potentially supporting lending margins if rates stabilize 📈 Economic Growth: BofA's global research team forecasted stronger-than-expected U.S. economic growth for 2026 at 2.4% GDP, driven by AI investments, fiscal stimulus, and tariff moderation 💼 Digital Transformation: The company's emphasis on digital transformation, including expansions in workplace benefits and AI-enhanced services, positions it to capture growth in fee-based revenues 💰 Dividend News: Bank of America declared a $0.28 per-share dividend on common stock payable March 27, 2026 📊 RELATED PAIRS TO WATCH 🏦 Banking Sector Correlation: NYSE:JPM (JPMorgan Chase): Largest U.S. bank by market cap, strong correlation with BAC in lending margins and Fed policy sensitivity NYSE:WFC (Wells Fargo): Similar regional exposure and consumer banking focus, moves in tandem during sector rotations $C (Citigroup): BAC shares rose alongside peers like Wells Fargo and Citigroup amid discussions of banks regaining earnings momentum NYSE:GS (Goldman Sachs): Investment banking activities correlation, especially during M&A cycles AMEX:XLF (Financial Select Sector SPDR): Overall financial sector ETF - indicates broader market sentiment towards financials Key Correlation Points: Fed interest rate decisions impact all major banks simultaneously ⚡ Net interest margin compression/expansion moves sector together 📊 Regulatory changes affect banking sector uniformly 📜 Credit quality concerns spread across financial institutions 🔍 ⚠️ RISK FACTORS TO MONITOR 🔴 Potential Headwinds: Regulatory changes in consumer protection and capital requirements could impact cost structures Moving average resistance creating sell pressure Overbought technical conditions developing Geopolitical tensions or inflation surprises could create market pressures 🎯 THIEF'S FINAL WORD This setup combines technical breakout momentum with solid fundamental backing. The layered entry strategy allows you to average in as the stock moves, while the moving average resistance provides a clear profit-taking zone. Remember, banks are rate-sensitive beasts — watch Fed announcements! 🦅 Trade Smart. Trade Safe. Escape with Profits. 💎🚀 ✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!
NYSE:BAC
by The-Thief
BAC Bank of America 1Y Chart Review - RSI/KC concernToday you can review the technical analysis idea on a 1Y linear scale chart for Bank of America (BAC). It seems there is some action going on here with BAC reviewing the RSI and the Keltner Channel. This may be a concern. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics #BAC
NYSE:BAC
by MillionaireEconomics
JPM vs BAC — Relative CheckRelative Analysis: JPMorgan vs Bank of America Chart A (Monthly): Over the past 8 years, JPMorgan has significantly outperformed Bank of America, completing a 3-wave Elliott structure and entering its Wave 4 correction, which has lasted 201 weeks. Price is currently contained within two major channels: the impulse (major) and a minor corrective channel. Chart B (Weekly): On the weekly chart, JPMorgan recently completed a 5-wave impulse in its last move and is now in a corrective phase. While the monthly supercycle Wave 5 does not appear fully complete, the relative chart indicates that Bank of America is likely to outperform JPMorgan over the next 1–2 years. Conclusion / Implications: During bullish phases → Bank of America may experience larger gains During corrections → JPMorgan may face larger declines Note: This is my personal analysis. I’d be happy to hear your thoughts! Follow me on TradingView for more analyses and live stock trades. NYSE:JPM NYSE:BAC
NYSE:JPM
by AG-Precision-Trading
Bank of America ($BAC): Commodities Lead 2026 ‘Run-It-Hot’ TradeBank of America (NYSE: NYSE:BAC ) Stock: Commodities Lead 2026 ‘Run-It-Hot’ Trade Bank of America (NYSE: NYSE:BAC ) has doubled down on its “run-it-hot” thesis for 2026, calling commodities the top trade of the year as the global economy enters a high-growth, high-stimulus phase. The bank’s strategists, led by Michael Hartnett, argue that commodities are set to outperform due to strong fiscal expansion, potential inflationary pressure, and policy shifts under the Trump administration. Energy, industrial metals, and broad-based commodity indices have already delivered impressive gains this year as investors position around the AI-driven data-center boom. The Vanguard Commodity Strategy Fund is up 17% YTD, beating the S&P 500, while commodities-heavy sectors such as Industrials (+17%), Utilities (+15%), and Energy (+7%) continue to attract flows. According to BofA, these returns can extend into 2026 thanks to four core drivers: higher inflation expectations, fiscal stimulus, the weakening appeal of bonds, and structural de-globalization. Tariffs, geopolitical fragmentation, and supply-chain recalibration are boosting demand for raw materials, while gold’s historic rally—up 60% this year—shows investors are pricing a long runway for commodity strength. BofA also highlights that oil could be the top contrarian trade of 2026, especially if geopolitical tensions moderate. Combined with infrastructure investment and AI-related energy demand, the commodity complex may continue to lead risk assets. TECHNICALS Bank of America’s stock shows a strong bullish structure on the 3D chart. BAC broke above the previous $48–$50 supply zone and is now trending firmly above its 9-SMA. Price is consolidating near $54–$55, building a base just below its recent high. RSI remains bullish at ~64, indicating healthy momentum without extreme overbought conditions. The MACD line is hovering near a bullish continuation signal, suggesting the uptrend has room to extend. If BAC holds above $52.50, the next upside target is $58, followed by $60–$62. A breakdown below $50 would be the first sign of weakening momentum, but current structure favors continued upside in line with the commodities-driven macro outlook.
NYSE:BACLong
by DEXWireNews
Bank Of America Is Eyeing All-Time Highs From 2006Bank of America is one of the largest banks in the world, serving millions of consumers, businesses, and institutions. It has a broad mix of operations — consumer banking, wealth management, corporate banking, and global markets — which helps keep its earnings stable. The bank has been heavily investing in digital services and technology, aiming to improve efficiency and customer experience. Its size and global reach make it a key player in the U.S. and global financial system. Bank of America is in an uptrend with a very strong rebound since April 2025, and the price is now approaching the 2006 highs. That area around 55 is extremely important because the current structure looks like an ending diagonal in wave five, meaning we could be in the late stages of a higher-degree bullish cycle. The push up this year also comes out of a very big triangle on the monthly chart, so despite the positive momentum, we should be aware that resistance is getting closer and bullish momentum may slow down. We also see RSI divergence on the daily chart, which is very common when diagonals mature. So while the trend is still up for now, it makes sense to be careful around 55, as a potential reversal in 2026 would not be a surprise. Highlights: Trend: Bullish but late-stage (ending diagonal risk) Resistance: 55-56 area (2006 high) Invalidation of a bull trend: broken trendline support Note: Watch RSI divergence and respect the 55/56 zone as potential exhaustion of wave five
NYSE:BACLong
by ew-forecast
BANK OF AMERICA Cyclical correction to $40 starting.Bank of America (BAC) has been trading within a Channel Up for the past 13 years. The Sine Waves have had a fair success at pricing both Cyclical Tops (Bull Cycles) and bottoms (Bear Cycles). Based on that, Bank of American is entering into peak territory. Whether that lasts for longer (like 2014 - 2016 an 2018 - 2020) or shorter (2022), the common parameter has been the 1M MA100 (green trend-line), marginally below which the last two corrections took place. At the same time, every such Bear Cycle since 2012 has always hit its 0.5 Fibonacci retracement level, making a direct Higher Low at the bottom of the long-term Channel Up. Right now the 0.5 Fib sits exactly at the bottom of the pattern, so we expect at least $40 to get hit before the stock becomes a long-term buy opportunity again. Notice also how the 1M RSI is reversing just before it turned overbought (70.00). --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:BACShort
by TradingShot
Bank of America Retests Multi-Year Highs as Momentum Builds Bank of America’s stock has officially revisited a key multi-year high zone, a level the market last interacted with meaningfully back in 2021. The current structure, as shown in the chart, reflects a very clean technical narrative: a major base, a breakout, and a return to the upper supply zone that has historically triggered profit-taking. From mid-2023 through early 2024, BAC went through a long accumulation/structural repair cycle. Buyers defended demand aggressively between the $32–$35 region, which acted like a clear multi-touch floor. That zone eventually formed the bottom that launched the entire current rally leg. Once that base held, structural higher-lows began to form and the stock convincingly reclaimed the $48–$50 area, which used to be a stubborn supply wall in previous cycles. That former resistance has now flipped into support. What stands out today is that BAC is now testing the $54 region, the area representing a major swing high and the top of the structure. This is where price historically reacted sharply, so it is a true macro decision zone. If bulls can hold above this region and convert it into a support shelf, the next phase could trigger a fresh price discovery sequence, with the potential to unlock a new upper range beyond the 2021 highs. Volume behaviour remains steady, not euphoric, suggesting this move is being driven more by real accumulation rather than speculative blow-off flows. Heading into the next quarter, macro yields, bank earnings expectations, and broad market risk appetite will dictate whether BAC sustains this breakout. But purely technically, the stock is exactly where major trend continuations historically begin, or trend reversals historically show themselves.
NYSE:BACLong
by DEXWireNews
BAC Swing Trading Strategy – Bearish Dip Turning Bullish Soon!🔥 BAC “Bank of America” – Thief Wealth Strategy Map (Swing/Day Trade) 💼📉➡️📈 📊 Plan: Bearish to Bullish Reversal Setup Entry: You can enter at any price level (flexible strategy 🕶️). Stop Loss (SL): Thief-style SL @ 48.50 🛑💔 ⚠️ Dear Ladies & Gentlemen (Thief OG’s), I’m not recommending to use only my SL. It’s your choice. Manage your risk like a boss and protect your bag. Target (TP): Strong resistance + overbought trap zone 🚧 — escape with profits @ 54.00 🎯💸 ⚠️ Dear Ladies & Gentlemen (Thief OG’s), I’m not recommending to use only my TP. Take money when you see money — at your own risk. 🧩 Key Thief Notes: Market psychology points to a bearish shakeout ➡ bullish trap escape move. BAC is currently in a range between demand & supply zones — liquidity hunting zone 🎯. Overbought conditions may trigger profit-taking → watch carefully for reversal signals. 🔗 Related Assets to Watch (Correlation Play): NYSE:JPM (JPMorgan Chase) – strong sector leader, moves often lead BAC. $C (Citigroup) – tracks similar banking flows. AMEX:XLF (Financial Select Sector ETF) – index-level financial exposure. AMEX:SPY (S&P 500 ETF) – overall risk sentiment affects banking stocks heavily. TVC:DXY (US Dollar Index) – stronger USD can weigh on financial stocks. TVC:TNX (US 10Y Yield) – bond yields = big driver for bank profitability. 📌 Tip: Watch AMEX:XLF & TVC:TNX closely. Rising yields = positive for banks, while falling yields can slow momentum. ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” ⚠️ Disclaimer: This is a Thief-style trading strategy, shared just for fun & educational vibes. Not financial advice. Trade at your own risk. #BAC #BankofAmerica #StockMarket #SwingTrade #DayTrade #XLF #JPM #C #SPY #FinancialSector #ThiefTrader #Stocks
NYSE:BACLong
by The-Thief
US Banks on Fire | Revenues Soar, and So Do the ProfitsWho Needs a Recession? Banks Are Swimming in Cash! The largest U.S. banks have reported some of their best quarterly performances in recent years, with surging trading revenues, a resurgence in dealmaking, and an overall renewal of corporate confidence playing pivotal roles. Let’s break down the key details of the results. Market Recovery Across the major banks, investment banking and trading activities recorded impressive performances. Goldman Sachs saw investment banking revenue increase by 24%, while Bank of America (BofA) experienced a massive 44% jump, marking its strongest quarter in three years. The market volatility stemming from factors like the U.S. election and changing expectations around interest rates continued to fuel robust trading revenues. Morgan Stanley’s equities division, for example, reached an all-time high, while JPMorgan and Goldman Sachs enjoyed notable gains in fixed-income trading. A surge in CEO optimism has led to an uptick in mergers and acquisitions (M&A), initial public offerings (IPOs), and private credit demand. Morgan Stanley, in particular, is seeing the largest M&A pipeline in seven years, signaling a sustained wave of dealmaking. Mixed Results for NII Net interest income showed varying results across the banks, but forward guidance indicates that NII will likely see moderate growth in 2025, spurred by continued loan demand and higher asset yields. Credit Risks on the Rise Consumer lending pressures have persisted, with JPMorgan’s charge-offs rising by 9%. Many banks are preparing for a further increase in delinquencies, particularly in credit cards. Commercial Real Estate Challenges While the office sector remains under stress, banks are managing their exposures cautiously and have yet to face significant shocks in this area. Regulatory Scrutiny Continues Citigroup lowered its 2026 profitability target as it undergoes a transformation, while Bank of America faced increased scrutiny over its anti-money laundering compliance. Resilient U.S. Economy Banks are reporting strong consumer spending, loan growth, and corporate profitability, which supports an optimistic outlook for earnings growth heading into 2025. Performance Breakdown for Each Bank JPMorgan Chase - JPMorgan posted a record annual net income of $58.5 billion, marking an 18% increase from the previous year. - Investment banking saw a 46% surge in revenue, driven by strong advisory and equity underwriting. - Trading revenue climbed by 21%, led by a 20% increase in fixed-income trading. - Despite the impressive results, JPMorgan is still facing challenges such as rising charge-offs and pressures on loan margins. CEO Jamie Dimon emphasized concerns about persistent inflation and growing geopolitical risks. Bank of America - BofA experienced an 11% year over year growth in revenue, reaching $25.3 billion, with net income up 112% from the previous year. - The investment banking division saw a dramatic 44% rise in revenue, the highest in three years, thanks to strong debt and equity underwriting. - Trading revenue grew by 10%, driven by solid performance in fixed income (up 13%) and equities (up 6%) as market volatility spurred client activity. - BofA also reported growth in its consumer and wealth management divisions, with credit card fees and asset management showing strength. Client balances grew to $4.3 trillion, a 12% increase from the previous year. - After several quarters of decline, BofA’s NII grew by 3%, exceeding expectations and signaling stability. The bank expects NII to continue rising through 2025, with projections of $15.7 billion per quarter by the end of the year. Wells Fargo - Wells Fargo’s revenue remained flat at $20.4 billion, but net income surged by 50%. - NII declined by 8% year-over-year but is expected to rise slightly in 2025 due to higher reinvestment rates on maturing assets. - The bank made significant progress in cost-cutting efforts, reducing non-interest expenses by 12%, thanks to workforce reductions and efficiency initiatives. - Investment banking fees rose by 59%, benefiting from the broader market recovery and the bank’s renewed focus on its Wall Street presence. - Wells Fargo returned $25 billion to shareholders in 2024, including a 15% dividend increase and $20 billion in stock buybacks. However, the bank continues to face regulatory constraints, notably the asset cap imposed by the Federal Reserve. - Looking ahead to 2025, Wells Fargo anticipates modest growth in fee-based revenue, with cost discipline and efficiency gains driving improvements. Morgan Stanley - Morgan Stanley saw a 26% increase in revenue, reaching $16.2 billion, while net income soared by 142%. - Equity trading revenue jumped by 51%, setting a new all-time high as market volatility sparked increased client activity, particularly in prime brokerage and risk-repositioning trades. - Investment banking revenue grew by 25%, fueled by strong demand for debt underwriting, stock sales, and M&A activity. CEO Ted Pick noted that the M&A pipeline is the strongest in seven years, signaling a potential multi-year recovery in dealmaking. - Morgan Stanley’s wealth management division saw $56.5 billion in net new assets, increasing total client assets to $7.9 trillion. The firm is pushing toward its goal of $10 trillion in assets under management. - In response to growing business complexities, the firm launched a new Integrated Firm Management division to streamline services across investment banking, trading, and wealth management. Goldman Sachs - Goldman Sachs experienced a 23% increase in revenue, reaching $13.9 billion, while net income more than doubled, up 105%. - Record performance in equity trading contributed to a 32% increase in revenue from this segment, as market volatility drove greater client activity. - Investment banking revenue grew by 24%, boosted by significant gains in equity and debt underwriting. - The firm’s asset management division saw an 8% rise in assets under management, reaching $3.1 trillion, while management fees exceeded $10 billion for the year. - Goldman is winding down legacy balance-sheet investments but also saw a gain of $472 million from these investments in Q4. The firm’s recent launch of its Capital Solutions Group is aimed at capturing growth opportunities in private credit and alternative financing. Citigroup - Citigroup posted a 12% increase in revenue, reaching $19.6 billion, with non-interest revenue surging 62%. - Fixed-income and equity markets were key drivers, growing 37% and 34%, respectively, as market volatility tied to the U.S. election boosted performance. - Investment banking revenue climbed by 35%, supported by strong corporate debt issuance and a pickup in dealmaking activity. - The bank unveiled a $20 billion stock repurchase program, signaling confidence in future earnings. - Citigroup also made strides in controlling operating expenses, which declined by 2% quarter-over-quarter. However, the bank lowered its 2026 return on tangible common equity (RoTCE) guidance to 10%-11% due to the costs of its ongoing transformation. - CEO Jane Fraser emphasized Citigroup’s long-term growth trajectory, noting improvements in credit quality and continued progress with the strategic overhaul, including the postponed IPO of Banamex, the bank’s Mexican retail unit, now expected in 2026. Long story short Heading into 2025, the major U.S. banks are in strong positions, buoyed by a favorable economic backdrop, continued growth in trading, and a rebound in corporate dealmaking. Despite challenges such as rising credit risks, regulatory hurdles, and potential macroeconomic uncertainties, the outlook remains positive. With a recovering IPO market, continued wealth management growth, and strong trading revenue, the banks are poised to capitalize on the renewed corporate optimism. The key question will be whether the dealmaking frenzy continues or whether uncertainties in the global economy and market dynamics could temper the rally.
NYSE:JPMLong
by moonypto
2
BAC – Building the Base for a Breakout?Bank of America (BAC) has been consolidating quietly, attracting attention as it sits near a key mid-range level. With a 52-week low of $33.06 and a 52-week high of $48.08, the stock currently trades around $36.92 – roughly 11% above its low and 23% below its high. This setup could be the calm before the move. 💥 Technical Outlook & Strategy With financials holding steady and macro headwinds softening, BAC might offer a solid swing trade or medium-term positioning opportunity. 📌 Entry Points to Watch $36.90 – Market price, if volume picks up near support $33.30 – Prior breakout area and potential pullback support $30.50 – Strong support and near the 52-week low for aggressive buyers 🎯 Target Levels $39.80 – Short-term resistance; previous rejection zone $43.50 – Fib retracement from the high, medium-term target $47.50–48.00 – 52-week high retest, bullish scenario 🧠 Narrative to Watch With potential Fed pauses on rate hikes, improving margins, and relative stability in U.S. banks, BAC could be positioning for a slow grind higher. Watch for earnings momentum and bond yield trends. ⚠️ Disclaimer This analysis is for informational and educational purposes only and does not constitute financial advice. Always do your own research or consult with a licensed financial advisor before making trading decisions.
NYSE:BAC
by Robert_V12
Nato and EU meetings could lift EUR/USD further Despite believing the euro is currently overvalued, Bank of America prefers it to the US dollar, Swiss franc and Japanese yen. Bank of America thinks the EUR could be supported leading up to the NATO and EU summits (June 24-27) especially if defense spending is confirmed. German infrastructure spending might also be expected to support the euro. The EUR/USD holds above the 20- and 50-period EMAs at 1.1380–1.1360 and is comfortably above the 200-period EMA. The recent pull-back from 1.14930 has eased momentum slightly. A close above 1.1420 could target 1.1470, then 1.1520. A sustained break below 1.1280 could neutralise the bullish bias.
by BlackBull Markets
BANK OF AMERICA: Strongest rebound since 2023 eyes $65.Bank of America is heavily bullish on its 1D technical outlook (RSI = 68.687, MACD = 1.120, ADX = 62.779) as it's on an impressive rebound since the April low, which was priced on the 0.236 Fibonacci level of the long term Channel Up that begun in December 2011. Every rally on the 0.236 Fib always hit the 0.786 Fib. Long until the end of the year, TP = 65.00. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NYSE:BACLong
by InvestingScope
Bank of America (BAC) Shares Drop Over 6%Bank of America (BAC) Shares Drop Over 6% On 18 February, we reported that Warren Buffett was selling bank stocks, including Bank of America (BAC) and Citigroup (C). This proved to be a sharp decision, as yesterday: → Bank of America (BAC) shares fell by 6.34% → Citigroup (C) shares fell by 6.25% As a result, BAC stock hit its lowest level of 2025. Why Did Bank of America (BAC) and Citigroup (C) Shares Decline? Investor bearish sentiment may have been driven by concerns over: → New US tariffs on imports from Mexico and Canada → The risk of renewed inflation growth amid an economic slowdown This led to a broader decline in financial sector stocks yesterday. Technical Analysis of Bank of America (BAC) The chart shows that in 2024, the price was in an upward trend (illustrated by the blue channel), but the $48 level proved too strong for bulls to break. Key observations: → In mid-February, a bearish breakout occurred below the channel, and in early March, the same level acted as resistance → The $44 level has influenced the trend in the past and could now act as resistance again → A drop below the late-December low may indicate a Change of Character (ChoCh) pattern, signalling a potential market shift BAC Stock Price Forecasts Analysts remain optimistic. According to TipRanks: → 17 out of 19 analysts recommend buying BAC stock → The average 12-month price target for BAC is $53 Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NYSE:BAC
by FXOpen
1
XRP | BIG NEWS | How XRP Gets to $10A few weeks ago I made an update about rumors of Bank of America using XRP for its internal transactions. The United States is the world’s largest economy, with a GDP of about $27 trillion. If a major like Bank of America were to adopt the use of XRP, consider how it processes trillions of dollars every day. Imagine what this can do for the market cap. Currently, these transactions are run through traditional payment systems like SWIFT and FedWire. But if Ripple can come in with a real cost saving advantage, it's very likely that other banks may follow. Apart from internal transactions. these banks play a key role in global financial transactions, which means that any shift towards the XRP could lead to massive liquidity inflows and increased daily trading volume for the currency. In case of limited adoption within US banks, the price may rise to $2-5 in the medium term. In the event of widespread adoption within the United States, if XRP becomes a core part of the operations of major banks, the price could reach $10-20, but this would require fundamental changes in the financial infrastructure. In the event of global adoption led by the United States, the price could range between $20 and $50, but this requires years of development and legal regulation. __________________________ BINANCE:XRPUSDT
Long
by Crypto-Check-
5
XRP | Bank of America Uses XRP InternallyXRP is making international headlines once again - this time, news of a collaboration with Bank of America is going around. XRP gained against the trend on Wednesday, as other cryptocurrencies faced losses. The surge followed a photo shared by Ripple CEO Brad Garlinghouse, showing him dining with Chief Legal Officer Stuart Alderoty and President-elect Donald Trump. But have we seen this before? In the past, Ripple has been known to make dodgy deals with news outlets and participate in unsolicited and unethical advertising - who remembers all the celebs they paid to speak out about XRP, and then the string of YouTube influencers? The SEC case cracked down on this "market manipulation" particularly hard, but it merely cost Ripple a few million dollars in fines. Recently, David Stryzewski, CEO of Sound Planning Group, appeared on FOX Business to assert that Bank of America (BoA) is now utilizing XRP for 100% of its internal transactions. If verified , this would mark a groundbreaking step toward mainstream adoption of blockchain technology within major financial institutions. (This is a little worrisome - a validation from Bank of America would really be the only believable confirmation). As per a recent article by The Crypto Times, a move of this magnitude could position XRP as a pivotal component in global banking systems. Notably, Bank of America’s relationship with Ripple is not new. The bank has been a member of RippleNet, Ripple’s blockchain-based global payments network, which facilitates secure and fast international money transfers. Bank of America's interest in blockchain technology dates back to at least 2017, when it filed a patent for a real-time settlement system referencing a "ripple" distributed ledger. Although the patent did not explicitly mention XRP , it signaled the bank’s intent to explore the integration of Ripple’s technology into its operations. According to Stryzewski, BoA has since filed 83 patents related to Ripple’s blockchain technology, underscoring its commitment to incorporating this transformative technology into its infrastructure. Another recent publication by Binance expressed confidence in XRP’s long-term significance, praising the technology and Ripple's partnerships through RippleNet. Ripple’s official website lists Bank of America as a member of RippleNet, reinforcing the likelihood of ongoing collaboration. If Stryzewski's claim proves accurate, it would represent a historic milestone for cryptocurrency adoption in traditional banking, potentially leading to a massive short-term pump. It is good to remember though, as with any news relating to Ripple and XRP, there are always many "if's" and "buts". __________________________ CRYPTO:XRPUSD COINBASE:XRPUSD BINANCE:XRPUSDT
CRYPTO:XRPUSD
by Crypto-Check-
BAC | SHORTNYSE:BAC Technical Analysis of Bank of America Corporation (BAC) Key Observations: Current Price Action: Price: $37.58 Recent Drop: -1.92 (-4.86%) Support and Resistance Levels: Immediate Support: $37.18 (Bearish Line) Further Supports: $36.00 (Target Price 1), $35.22 (Target Price 2), $33.39 (Target Price 3), and $30.98 (Target Price 4) Resistance: The price recently broke below a support level at around $41.78. Trendlines: The price has broken below a key upward trendline, indicating a potential shift from a bullish to a bearish trend. Relative Strength Index (RSI): Current RSI: 48.91 The RSI shows a decline, indicating increasing selling pressure but still in a neutral zone. Target Prices: Target Price 1: $36.00 This level is the immediate support and a potential first target for any continued downward movement. Target Price 2: $35.22 If the price breaks below the immediate support, the next target is around $35.22, a previous support level. Target Price 3: $33.39 Further downside could see the price reaching $33.39, another key support level. Target Price 4: $30.98 In a more bearish scenario, the price could fall to $30.98, a significant support level. Summary: Bank of America Corporation (BAC) has experienced a significant drop, breaking below a key support level and its upward trendline. The next levels to watch are $37.18, $36.00, $35.22, $33.39, and $30.98. The RSI indicates potential for further declines if market conditions remain negative.
NYSE:BACShort
by shkspr