Bank of America: Ascending Broadening Wedge Below S/R Zone
Bank of America has confirmed the MA's and S/R zone as Resistance within an Ascending Broadening Wedge just as PACW did not so long ago, and now more interest is building at lower levels, which could suggest that BAC will be breaking down from this wedge very soon, and the measured move would take it all the way down to about $2, though we could see it try to hold $17 before that.
This is a little bit of an update to the BAC and PACW fractal listed in the related ideas tab, this time more focused on BAC as a whole.
This is a little bit of an update to the BAC and PACW fractal listed in the related ideas tab, this time more focused on BAC as a whole.
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