BAC is stuck in trading range between 9.00 and 9.6 recently. Currently it's at the bottom of trading range forming a double bottom flag and is currently aiming towards top - should trigger above 9.27 for confirmation. Risk:reward for this trade is 1:1.5 as quick scalp-type trades work better with trading ranges.
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.