Stock symbol BAC has been hitting 4 hr trend line and falling if USD dollar can hold up strength looking for short to weekly trend line $.40 drop, late at seeing this chart but earlier had some nice shorts
BAC looks to be riding Wave 3 Impulse with Extension right into strong Resistance. Could be a perfect spot for some consolidation into wave 4 before wave 5 looks to test the resistance. Conversely we could see a push through the resistance and then wave 4 will form and bounce off of the new support. Looking at wave 3 being an extension wave it is at it's 5th point...
HOLD is the wisest option. Based on technical Analysis there might be a slightly possibility that the prices might start going up as the Resistance of 25.5USD was broken, but the prices are still moving in sideways trend and the best option is to hold.
With the index that started to rise after the abundant money support given to the markets after the pandemic, we saw that this stock's price could rise to the level of fib 0.618. After this situation, the price seems to be between the rising trendline and the fib 0.382 level for now. If this continues and acts as a rising triangle pattern, the price may reach...
Bank of America ($BAC) will report earnings 07/16/2020 The above chart includes $BAC earnings estimates (source: Yahoo Finance Premium) and a technical analysis.
Bank Of America (BAC), monthly chart: 20 years long(!) mirror level + Support line + Divergence + Hammer
BUY ONLY FOR THIS ONE : @BAC Expecting 16 Jul 2020 EST EPS USD 0.33 Last EPS USD 0.40 Last DIvidend per Share USD 0.18
BUY only for this One... @BAC Estimated EPS USD 0.33 Last EPS USD 0.40 Last Dividened USD 0.18
Bank shares ticked higher after passing Fed stress tests, and being given the green light to pay dividends BUT they still way behind the S&P 500 this year. Lots of room to makeup
Buy Only for This One... @BAC Estimated Earning Per Share USD 0.34 Last EPS USD 0.40 Last Dividend per Share USD 0.18
Price is sitting at the neckline of " Head and Shoulders" Pattern. We wait for a breakdown and a retest before considering a Sell position.
this chart is going down for now and its for sell
here in bank of america it's shorting opportunity on 15 minute timeframe simple setup : breakdown of trendline downside of 200dma resistance area rejection.... always keep stoploss while trading thankyou......
My Analyses On BANK OF AMERICA CORPORATION