Bank of America, showing strength and growth...
Updated
BANK OF AMERICA (BAC) is showing signs of net buying / accumulation at the current levels -- conveying anticipation of the April 18 earnings results. The last December 2022 results beat expectations -- and it looks like the confidence will be the same for this season.
SEEDED L at 27.5
TAYOR.
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Here are some fundamental data last quarter 2022:
DECEMBER 2022 (DATA)
EPS (USD)
Expected
0.77
Reported
0.85
Surprise
10.71%
Revenue (USD)
Expected
24.22B
Reported
24.53B
Surprise
1.28%
SEEDED L at 27.5
TAYOR.
-------------------------------------
Here are some fundamental data last quarter 2022:
DECEMBER 2022 (DATA)
EPS (USD)
Expected
0.77
Reported
0.85
Surprise
10.71%
Revenue (USD)
Expected
24.22B
Reported
24.53B
Surprise
1.28%
Trade active
We got a good initial upside on BAC. More to go.Note
Numbers are IN!March 2023 1Q RESULTS:
EPS (USD)
Expected
0.82
Reported
0.94
Surprise
14.60%
Revenue (USD)
Expected
25.22B
Reported
26.26B
Surprise
4.11%
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no where but up for BAC.
Trade active
Accumulation is still ON. Significant Upside still in play.Note
MACRO VIEW : MONTHLY DATA - Accumulation is definitely ON for BAC.KEY NOTES:
MONTHLY PRICE shifting significantly.
7-month Major order block support bounce.
Surging net volume.
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