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Bank of America strong bullrun ahead?
Bank of America
Long
Bank of America strong bullrun ahead?
By Momentum2963
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Nov 25, 2020
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Nov 25, 2020
BAC
Bank of America just before June 2020 brakeout.
Secondary trend turned bullish indicated by EMA 20 / 50 crossover.
Very strong MACD and high RSI value combined with positive money flow (CMF) indicate a strong momentum for further upward movement.
CRV = 2,77 / Stopp Loss below Aug 2020 high / Take Profit at January 2020 low
Chart Patterns
Technical Indicators
Trend Analysis
Momentum2963
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