$BAC Butterfly Harmonic on the dailyNYSE:BAC hitting a butterfly harmonic heading into earnings next Tuesday.
BAC trade ideas
$BAC - Hourly chart showing potential inverse head and shouldersI published a chart previously that BAC is in attractive entry zone. This is the supporting chart showing a potential inverse head and shoulders on the hourly with right shoulder yet to complete.
If the IHS materialized/validate, we can see $31.50 near term.
$BAC - Attractive entry NYSE:BAC came close to filling the gap ($25ish) created in 2020 but recovered without filling.
Target 1 - $29.44
Target 2 -$32.00
Risk - Fall to fill the gap around $24-5
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Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
BAC on a weekly, monthly trendline BAC, despite all the problem the banks are facing, I believe BAC is on a good price to go Long. This is a an early call to take advantage of the drops.Price is touching a very strong trend line. If price cross the trend line down close the position.
Ariel
BAC/USDHey, friends, I think the banking CRISIS isn't over yet.
The second largest U.S. bank on the brink of collapse!!!
BAC, MITK, Gold and USD pairs analysis 5/4/2023We have very good trading ideas on USD pairs and also 2 stocks that I am currently watching for possible entry. USD pairs are heading for monthly open in my opinion and I will be willing to enter if it reached there.
( 8 Min. Video)
let me know what you think and follow for more
BAC longThe 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.
BAC: Sell ideaOn BAC as you see on the chart we have a sell idea because we have the breakout of vwap and support.Thanks!
💰 A LITTLE MORE DOWN AND THE FED WILL BEGIN TO SAVE THE BANKS 📣 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 correction of the wave-the second cycle in 2009, and all subsequent market activity is part of a complex segmented impulse wave iii of the cycle.
Accordingly, I believe that the decline in the shares of the second bank in the United States, which began in 2022, will continue in 2023, and moreover, the decline has already begun. But according to the hypothesis I am considering, I am more inclined to believe that the downward trend, that is, this ABC zigzag will end in the area of wave-4, which is part of wave 3 of the higher intermediate level. After that, it would be logical to expect a trend reversal and the beginning of growth in the impulse wave-5 of the intermediate level with a goal of $ 62 per share approximately in 2024/2025.
The cancellation of the scenario I am considering will be a breakdown and consolidation below the level of $ 19.86, that is, the completion of wave-4 below this level. 😱 If the price is fixed below this level, it is likely that the fall may continue up to $ 2 per share, so it is worth paying attention to this key level now. ⚡️
⚠️ As always, I wish you good luck in making independent trading decisions and profit ✊
Goodbye!
Further Bank of America drops anticipated. BACShorting 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, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Band Of America Gross unrealized losses $113.5 BillionBand 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 services.
WEDGE — A chart formation in which the price fluctuations are confined
within converging straight (or practically straight) lines.
Continued bearishness with crypto analysis Continued bearishness with crypto analysis. Some entrepreneurial talk.
the fall of BAC - Bearish Continaution Patte Descending Tringle Seems it will fall down. I will take the risk and go for it.
Bank of America Quarterly Log ChartIs Bank of America considered a BIG BANK?
If so, this chart looks EXTREMELY ominous.
See 2007.
#Bankrun #Banking #bankingcollapse
Put this bank on your watchlistWhen BAC reaches either support level 1 or 2 , I will take a long position.
Bank of America (BAC): Long termIn 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.
BAC BROKEN DOWN FROM DIAMOND now in continuation 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?
Bank of America Quarterly Log ChartBank of America still crashing.
Close at these levels on March close is NOT GOOD.
!!!! WATCH THAT QUARTERLY CLOSE !!!
$BAC $25 area target on green .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.
