BAC D2: BEST Level to BUY/HOLD 40% gains(SL/TP)(STOCKS)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
BAC D2: BEST Level to BUY/HOLD 40% gains(SL/TP)(STOCKS)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: BAC D2 chart review and outlook
::: nice chart / accumulation in progress
::: range work / more losses before BOUNCE
::: updated/revised outlook
::: strong liquidity zone / gap fill area near 25 USD
::: BUY/HOLD and get paid later (35-50% BOUNCE)
::: expecting more losses mid-term (4-8 weeks)
::: JULY-AUGUST WEAK period for banking stocks
::: recommend to BUY/HOLD dips/buy low 25USD
::: BUY AT/NEAR range lows after correction
::: noteworthy lower risk setup / 35-50% gains possible
::: PT BULLS is 33-36 USD October-November 2022
::: is the best strategy BULLS
::: BUY LOW near 25 USD / BUY ANY DIPS
::: recommended strategy: BUY NEAR range LOWS
::: SL 10% TP1 +35% gains TP2 +50% gains
::: BUY/HOLD setup
::: DO NOT expect overnight gains
::: This is stock market
:::Not casino in Macau
🔸 Supply/Demand Zones
. N/A
🔸 Why should I follow your setups?
:::Check track record it's all been posted
::: MRNA 200%+ gains, NVAX 300% gains, REG 60%
::: AMD 40% gains and a lot more in 2020/2021/2022
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Bank of America Corporation Depositary Shares (Each representing a 1/1200th interest in a Share of Floating Rate Non-Cumulative Pref
No trades
BML/PJ trade ideas
16.78% ROI shorting BACA clean weekly settlement below the TEAL structure triggered this trade.
The STOP above was identified by locating where the "exchange of power" occurred.
The TARGET worked its way down the GRAY channel to find support at the slightly ascending BLUE structure.
Trend favoring, 1%+ confirmation, Opportunity to advance STOP as trade progresses, Reward grows with time, Below the 200 day SMA, Reward > Risk
This trade checked all the boxes for me and I wanted to share with you all the outcome.
Forecast № 17 # BAC (Bank of America Corporation)I assume a continuation of the downward trend (downtrend) if the price level 1 breaks through. A short-term upward movement of the price is possible in accordance with any of the three scenarios shown in the figure. Correction of the forecast when the price level is reached 2.
BACSimiar to Microsoft, Bank of America is also currently consolidating between the $37.55 and $35.41 range. A breakout of either direction could present opportunities to investors and short sellers alike. A daily close above $37.55 could suggest potential upside. This price action could also formed an EMA10-EMA20 golden cross, another clue of potential upside. Bank of America’s MACD also in bullish crossover, suggesting this upside potential is not far-fetched. This potential upside could reach either $38.75 or $40.37 resistance. Alternatively, a daily close below the $35.41 handle could provide short selling opportunities for an immediate retest of $34 with another support further lower at $32.96. The latter was the year to date low.
bank of america - not looking goodhi,
looking on the big picture, we are in great black hole, i think about a cosmos - as a universe,
rising of costs of goods, rising of rates, credits highs... slowing down economy,
as we know, big players want to play and like to make swings, so do not catch into the nest of the fisherman ...
bank of america - great but looking on pivot and Fibonacci trend, i suppose that bottom is very low ...
i suppose that the index want to hit 25 usd ... there is a strong mayor resistance line - uptrend, if this trend would be attacked and defeated, I suppose that we are going down, then 20 usd and 16 usd ...
4 usd or even low for stock of bank of america in 2009 it was a nice gift from wall street bankers for all people in the world.
all the lines shows that the momentum - split of lines are in 2025 , 3 years to come, we will see.
it depends of the speed and the strike of the index, if it goes fast down, bottoms will be deep, if it will go normal, soft down, i hope that price would stop somewhere.
big problems are automated players, algorithms, waiting right now for they move ... to sell .
BAC To Rise In Price?Good Day To The Investing World
The Zachs Rating on the graph is suggesting a "Buy", and its clear to see why.
Firstly, the stock is just about on an uptrend. Second, with the US recovering from the big hit on Risen Interest Rates, Bank of America is a huge factor to consider.
As always, check the graph incase you think differently!
BAC Fibonacci 50%The .386, .50, and .618 retracement levels form the basic structure of Fibonacci grids found in popular market software packages, with .214 and .786 levels coming into play during periods of higher volatility.
Viewing the trends of the market through the lenses of a Fibonacci grid enables investors to see larger patterns beyond immediate upturns & downturns & to pinpoint prospects for profits that may be just beyond the view of investors who are spooked out by a short-term view of the trends.
Bank of America - it will be a great again like USA? hi,
we have a big problem, because when I look on the Simple Wall Street application I see that lot of managers from top banks sold their stocks of their own banks. I think: Citi, Goldman Sachs, GP Morgan,
Please read also ZeroHedge article about banks in USA, only to summarize it: we have to wait to October to see where will be the index of SPX
in Poland we say - without banks there is no hosanna, bullish market.
There is great back in stocks, lot of selling, people are right now on the cash sitting.
I think that looking on Fibonacci - 25 will be tested, o 20 USD?
Also look if there are more PUT or Call Options.
It is better to wait right now and wait for any signal that it will move up back, on all the market, not only on one stock
There will be up and down, hills and bottom, remember that next hill must be above last one that we can say that market will move then up...
Also there must be a calm down - no more sliding down in quick time ...