$BAC Head N Shoulder Top into Gap Fill? (Just Technicals)NYSE:BAC with pretty clean H & S top...
Not playing, doesn't fit my current narrative.
But this is how Eye Spot them, catch that ;p
- Prophecies_U_Can
Key facts today
About Bank of America
Bank of America Corporation is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The Global Wealth and Investment Management provides client experience through a network of financial advisors focused on to meet their needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 is headquartered in Charlotte, NC.
$BAC Trade AnalysisThe daily chart for BAC shows a downtrend within a broader bullish channel. The recent price action has broken below critical short-term moving averages (8 EMA and 21 EMA) and is currently testing a key support level at S1 (43.05). The chart includes pivot points, trendlines, and dark pool activity,
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
Bank of America WK longsHey guys hope you doing great.
BAC showing longs on wk time frame as we can see a very nice pcp pattern formed there which looks fresh and healthy.
Minimum we can take day trades upto level height.
Wait for it ✌
A compelling week ahead for trading BOFARecent Performance: Bank of America (BOFA) has seen notable activity recently,
trading at $47.51 amidst broader market volatility. The financial sector's
resilience has bolstered BOFA, even as caution is warranted due to potential
corrections. There appears to be an underlying bullish sentimen
BofA's Triumphant Return: Stock Surges to New Heights● Following a significant rejection around the 46.5 level, the stock price dropped nearly 50%.
● However, it found support near the 24.3 level and staged a comeback.
● After nearly three years, it has now broken through its previous major resistance and is currently trading at an all-time high.
● Th
$BAC weekly chart, Crab harmonic setup
Crab Pattern harmonic setup.
Currently 45.86
PRZ = 50.19
1.902 Special Situation Fib = 52.83
HOP / SLZ = 53.74
Once we achieve PRZ, will then evaluate for the retracement setup.
BAC GAP As you can see, BAC has a GAP that might be filled next week. We’ll be waiting for it to break the trend, and it's very important to wait for the retest before buying
Have a great day! :D
To keep in portfolioNYSE:BAC
The next target is 50 dollars.
If you have any questions, feel free to contact me.
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