A Strategic Shift with Far-Reaching Implications Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, has taken a significant step that has sent ripples through the financial world. Berkshire, a long-time major shareholder of Bank of America (BofA), has been steadily selling its stake in the bank. This strategic move, totaling over $3.8 billion...
As gold aims to test record high again, let's look at some of the political issues possibly driving the price action. Iran Tensions Escalate: The Pentagon has dispatched a guided missile submarine and a carrier strike group, to the Middle East. This move follows Iran's vow of retaliation against Israel after a senior Hamas leader was killed in Tehran last...
NYSE:BAC Technical Analysis of Bank of America Corporation (BAC) Key Observations: Current Price Action: Price: $37.58 Recent Drop: -1.92 (-4.86%) Support and Resistance Levels: Immediate Support: $37.18 (Bearish Line) Further Supports: $36.00 (Target Price 1), $35.22 (Target Price 2), $33.39 (Target Price 3), and $30.98 (Target Price 4) Resistance: The...
BOCA: resistance 44-45 support 40 support 1 37 support 2 34 overall bullish and strong for 44-48-52.
If you haven`t bought AAPL before the previous earnings: Then analyzing the options chain and the chart patterns of BAC Bank of America Corporation prior to the earnings report this week, I would consider purchasing the 35usd strike price Calls with an expiration date of 2024-8-16, for a premium of approximately $2.82. If these options prove to be profitable...
If you haven`t bought the dip on BAC here: Then analyzing the options chain and the chart patterns of BAC Bank of America Corporation prior to the earnings report this week, I would consider purchasing the 34usd strike price at the money Calls with an expiration date of 2024-2-16, for a premium of approximately $1.54. If these options prove to be profitable...
Analyzing BAC Stock: Navigating Breakouts and Fibonacci Dynamics Introduction: Bank of America Corporation (BAC) has seized investor attention with its recent breakout from a falling wedge pattern on October 27, 2023. As we delve into the details, this analysis aims to provide insights into the stock's recent performance and chart the potential trajectory...
Month price tagging 200EMA with a falling wedge set up. Volume above 28 is needed to confirm the hold and further breakout. Risk/Reward is good here only for LT passive accounts. Still needs more work for this to work as a good trade. Flag on daily should atleast test the trendline around 30. No position yet.
NYSE:BAC The next target is 50 dollars. If you have any questions, feel free to contact me.
BAC long term profit ? A popular stock + Above the average line 150 + Breaking a downtrend line + Year-end rally in the banking sector? Only an idea and not a recommendation for trading!
Earnings coming on January Christmas rally buy the Hype CyberMOnday BlackFriday Sell before Earnings !! CAFE CITY STUDIO 2024 BUY 30 SELL 32 - 33- 34 MAX SL 24 High Risk !! NYSE:BAC
The Bank of America Corporation (BAC) got rejected again on its 1W MA50 (blue trend-line), a level that has been acting as a Resistance since the March 2022 break-down. This has created a Lower Highs trend-line that is the key pivot level now. But before that, let's see how it's been trading on a +10 year basis. As you see on this chart, ever since the November...
Introduction The Bank of America Corporation is one of the most famous of Warren Buffets holdings. It is right behind Berkshire’s Apple holdings in size and it has only grown during the recent banking turmoil. This is while he is “dumping” other banks because of red flags in their financials. That is beginning to look like a bad decision based on the technical...
When comparing the price action between BAC and PACW, it can be seen that both stocks exhibit the same price action, which is a Rising and Broadening Structure leading into the PCZ of a Bearish Alt-Bat, which all eventually came to a halt upon getting Bearish PPO Confirmation. This led to a breaking of the 21-Month SMA before ultimately flushing down to all-time...
The Bank of America Corporation (BAC) got rejected again on its 1W MA50 (blue trend-line), a level that has been acting as a Resistance since the March 2022 break-down. This has created a Lower Highs trend-line that is the key pivot level now. But before that, let's see how it's been trading on a +10 year basis. As you see on this chart, ever since the November...
Unfortunatley I have missed TSM trade but missing trades is part of the game. Also we have good entries on AUDCHF and BAC
If you haven`t bought BAC here: Then analyzing the options chain of BAC Bank of America Corporation prior to the earnings report this week, I would consider purchasing the 30usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $0.83. If these options prove to be profitable prior to the earnings release, I would sell at...
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. ------------------------------------- Here are some fundamental data...