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BANK OF AMERICA CORPORATION CEDEAR EACH REP 1/4 COM USD0.01BANK OF AMERICA CORPORATION CEDEAR EACH REP 1/4 COM USD0.01BANK OF AMERICA CORPORATION CEDEAR EACH REP 1/4 COM USD0.01

BANK OF AMERICA CORPORATION CEDEAR EACH REP 1/4 COM USD0.01

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BA.C trade ideas

$BAC - rejected @ 29 again$BAC Few things to note: 1. Rejected a second time @ 29 2. Small $0.50 gap im looking to have filled 3. Looking for a bounce/ fall through @ $27 (set alerts) 4. RSI: in oversold territory - indicating a continued selloff 5. SMI at multi month high and rolling over. Plays: 1. Buy over 29.50 and use 28 as stop loss 2. If is bounces at 27, enter @ 27.50 and use 26.50 as stop loss. 3. Potential in bearish case to move back towards $25 as a entry point.
NYSE:BAC
by IMF_Trading
Expecting short term pull back on bullish channel The markets rose quite a bit this week due to positive job reports for May, which has given investors positive outlook for the markets. However, BAC is at the top of the channel so i expect it to pull back a little bit before climbing higher. Might buy a few puts depending on where the price action heads during market open. if it breaks the channel it is also a good sign. Any thoughts on this are appreciated, Thank you and happy trading!
NYSE:BACLong
by emlivings
Bank of America Corp (BAC - NYSE) - ABC wave patternBank of America Corp (BAC - NYSE) is in B wave, which starts from today upside against A five wave down as correction. After that C wave will be next down cycle. In weekly time frame it’s completed ABC wave cycle from 2009 low and now it is in correction. It is a weaker banking stock of NYSE, which is under-performing SPX. It is not confirmed that corrective WXY wave up is over. So wait for confirmation to trade bigger C wave cycle down.
NYSE:BAC
by EWFcw