Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Bank of America Corporation Multi Year Correction Targets 23/25
Bank of America
Short
Bank of America Corporation Multi Year Correction Targets 23/25
By AlanSantana
Follow
Follow
Dec 15, 2022
1
2
Cheer
Cheer
1
1
Dec 15, 2022
Bank of America Corporation (BAC) grew through Covid as must banks did.
After an impulse comes a correction.
- The bullish wave is shown here as an EW 12345 Impulse.
- Long-term EW ABC correction now taking place.
POTENTIAL TARGET/SUPPORT ZONE
The low can be set at 23-35.
At or below the 0.786 Fib. retracement level for the previous bullish wave.
CONDITIONS FOR CHANGE
Closing above 38.6 changes the chart bias.
It changes from bearish to bullish potential.
After the correction its over it tends to reverse.
Namaste.
BAC
bankofamerica
Fundamental Analysis
Stocks
Trend Analysis
Wave Analysis
AlanSantana
Follow
🔝 The Greatest Cryptocurrency Analysis on Earth!
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com
(Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
Also on:
Related publications
NVIDIA Corporation | Strong Bullish Bias, Looking Like Crypto
by AlanSantana
Published
S&P 500 Index (Bring In The Bad News, We Are Ready)
by AlanSantana
Published
Dow Jones Industrial Average Index Analysis (Lower High = Short)
by AlanSantana
Published
Nasdaq 100 Index | Strong Crash Ahead (Prepare!)
by AlanSantana
Published
Volatility S&P 500 Index (VIX) | Goes GREEN/Bullish!
by AlanSantana
Published
AMZN 20 Years Long Uptrend - Targets 68/72, Then Lower
by AlanSantana
Published
Google | Looking For The Next Target
by AlanSantana
Published
Tesla, Inc. | Last 2022 Analysis (Going Below 100!)
by AlanSantana
Published
Microsoft Corp. Goes Bullish? ... The New World Order!
by AlanSantana
Published
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
.