The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina.
📣 Hello everyone!
I believe that the entire growth up to 2006 is the first impulse wave of the cycle, which stretched for about 33 years. From 2006 to 2009, the ABC zigzag in the wave of the second cycle adjusted the entire growth by -95%, pushing the price of Bank of America shares back 25 years.
I am now considering with a hypothesis the completion of the...
Shorting Bank of America a bit more, we just need to reach some of those Fibonacci goals.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals,...
Band Of America Gross unrealized losses $113.5 Billion
Bank of America is one of the world's leading financial institutions, serving individuals, small- and middle-market businesses, large corporations, and governments with a full range of banking, investment management and other financial and risk management products and services. Our products and...
In the long run, it's still one of the best investments.
Its net charge-off rate rose to 1.61% from 1.50% in January and from 1.26% a year ago. By comparison, the metric was 2.55% in February 2020.
Looks like the diamond pattern has broken completely and price project is down to approx 25 - 23.
Coincidently the june 16th $23 puts have seen massive action yesterday (3/16/23) and today 3/17/23
Do you see what I see, yes or no, any thoughts otherwise or in agreement?
Not financial advice, just a study idea.
It seems to be inside a broadening formation. heading to the lower part of the formation it might align with gap on the green.
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs,...
Shares in the banking sector have taken a hit amidst Silicon and Signature banking fiasco. In an attempt to recoup investors' confidence, the treasury secretary has ruled out any bailout plans. The fed chairman has also ensured that depositors would have access to their funds. Despite all the efforts, the market seems skeptical, and the regional banking crisis is...
