BAC is undergoing a 3 rising valleys pattern which is very bullish when you combine it with divergence on both oscillators. The tech sector seems to be bleeding and investors might shift their cash into financials such as BAC.Targets are also provided if one was to take part in it. Very good R/R ratio so stop loss could be set a litter looser.
This is not financial advice and it is only meant for education. I am not responsible for any loss you have from trading my ideas including this one.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.