#BAC - which way will it go?#BAC approaching TL breakout on Renko 1 Hour chart. Will it break up or bounce back down? Ripster's Clouds have gone Red to Green. Only time will tell.
BAC trade ideas
$BAC with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BAC after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 87.5%.
#SuakuFlowsWatchlist - 21/7/22#SuakuFlowsWatchlist
Expiry: 22JUL22
$BAC 33.5C > 33.45 | 32.5P < 32.95
$INTC 41C > 40.67 | 39.5P < 39.56
$JPM 115C > 114.74 | 113P < 113.48
$NIO 20P < 20.01
Scale out above 20%.
BACBank of America formed a morning star pattern, which is a bullish price action. It’s MACD is also showing a bullish momentum and prices just went above the EMA20. Hence prices could rally towards the $34 resistance, with next resistance at $35.41. Alternatively, a daily close below the morning star low of $29.67 could present short selling opportunity with a potential retest of either $28.00 or 26.30 support.
BAC in a longterm downtrend 🤷♀️not touching longs until we hold above trend resistance for a week or so, for now we can expect downside to 24-26 support areas.
BAC D2: BEST Level to BUY/HOLD 40% gains(SL/TP)(STOCKS)Why get subbed to me on Tradingview?
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BAC D2: BEST Level to BUY/HOLD 40% gains(SL/TP)(STOCKS)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: BAC D2 chart review and outlook
::: nice chart / accumulation in progress
::: range work / more losses before BOUNCE
::: updated/revised outlook
::: strong liquidity zone / gap fill area near 25 USD
::: BUY/HOLD and get paid later (35-50% BOUNCE)
::: expecting more losses mid-term (4-8 weeks)
::: JULY-AUGUST WEAK period for banking stocks
::: recommend to BUY/HOLD dips/buy low 25USD
::: BUY AT/NEAR range lows after correction
::: noteworthy lower risk setup / 35-50% gains possible
::: PT BULLS is 33-36 USD October-November 2022
::: is the best strategy BULLS
::: BUY LOW near 25 USD / BUY ANY DIPS
::: recommended strategy: BUY NEAR range LOWS
::: SL 10% TP1 +35% gains TP2 +50% gains
::: BUY/HOLD setup
::: DO NOT expect overnight gains
::: This is stock market
:::Not casino in Macau
🔸 Supply/Demand Zones
. N/A
🔸 Why should I follow your setups?
:::Check track record it's all been posted
::: MRNA 200%+ gains, NVAX 300% gains, REG 60%
::: AMD 40% gains and a lot more in 2020/2021/2022
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
16.78% ROI shorting BACA clean weekly settlement below the TEAL structure triggered this trade.
The STOP above was identified by locating where the "exchange of power" occurred.
The TARGET worked its way down the GRAY channel to find support at the slightly ascending BLUE structure.
Trend favoring, 1%+ confirmation, Opportunity to advance STOP as trade progresses, Reward grows with time, Below the 200 day SMA, Reward > Risk
This trade checked all the boxes for me and I wanted to share with you all the outcome.
BAC $BAC Continuation ShortBAC $BAC Continuation Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
BANK OF AMERICA SHORTWelcoming a guest, @hugginsleexxv and I are describing our perspectives of Bank of America's future trend, buying opportunities, and price projections using methods like RSI, WYCKOFF, TRENDS, multiple MA, Linear regression
$BACPutting $BAC on my radar - looking for a breakout above my trendline or a breakdown below the vol shelf.
NYSE:BAC
Forecast № 17 # BAC (Bank of America Corporation)I assume a continuation of the downward trend (downtrend) if the price level 1 breaks through. A short-term upward movement of the price is possible in accordance with any of the three scenarios shown in the figure. Correction of the forecast when the price level is reached 2.
Bank of America still long, but weakHello all,
BAC still long but quit weak, the divergence between price and volume is clear. This is not best situation but the system is clear.
The dominance of long volume is clear over the short volume so we keep the position open
Have a good day
TradingconFibos
Long BAC Swing trade only few days to a week @ 35.44Daily stoch heading up higher lows
Weekly turning up a little not going down anymore
Vol not good but not bad
They raise rates banks will run then stop drop make new lows
Bottom not in till VIX hits 40
BAC target 38.57 50 day ma
BACSimiar to Microsoft, Bank of America is also currently consolidating between the $37.55 and $35.41 range. A breakout of either direction could present opportunities to investors and short sellers alike. A daily close above $37.55 could suggest potential upside. This price action could also formed an EMA10-EMA20 golden cross, another clue of potential upside. Bank of America’s MACD also in bullish crossover, suggesting this upside potential is not far-fetched. This potential upside could reach either $38.75 or $40.37 resistance. Alternatively, a daily close below the $35.41 handle could provide short selling opportunities for an immediate retest of $34 with another support further lower at $32.96. The latter was the year to date low.
BAC bull trap may be in effect Follow up to an October 2021 post. BAC bull trap may have now triggered.
bank of america - not looking goodhi,
looking on the big picture, we are in great black hole, i think about a cosmos - as a universe,
rising of costs of goods, rising of rates, credits highs... slowing down economy,
as we know, big players want to play and like to make swings, so do not catch into the nest of the fisherman ...
bank of america - great but looking on pivot and Fibonacci trend, i suppose that bottom is very low ...
i suppose that the index want to hit 25 usd ... there is a strong mayor resistance line - uptrend, if this trend would be attacked and defeated, I suppose that we are going down, then 20 usd and 16 usd ...
4 usd or even low for stock of bank of america in 2009 it was a nice gift from wall street bankers for all people in the world.
all the lines shows that the momentum - split of lines are in 2025 , 3 years to come, we will see.
it depends of the speed and the strike of the index, if it goes fast down, bottoms will be deep, if it will go normal, soft down, i hope that price would stop somewhere.
big problems are automated players, algorithms, waiting right now for they move ... to sell .
BAC To Rise In Price?Good Day To The Investing World
The Zachs Rating on the graph is suggesting a "Buy", and its clear to see why.
Firstly, the stock is just about on an uptrend. Second, with the US recovering from the big hit on Risen Interest Rates, Bank of America is a huge factor to consider.
As always, check the graph incase you think differently!
BAC is still in this nasty bearish downtrend channel </3once we break above trend resistance the bull rally will be lovely, but until then bears have general control here.
long trigger 37.10/trend break, short trigger at 34.14
BAC Fibonacci 50%The .386, .50, and .618 retracement levels form the basic structure of Fibonacci grids found in popular market software packages, with .214 and .786 levels coming into play during periods of higher volatility.
Viewing the trends of the market through the lenses of a Fibonacci grid enables investors to see larger patterns beyond immediate upturns & downturns & to pinpoint prospects for profits that may be just beyond the view of investors who are spooked out by a short-term view of the trends.
BACNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
LONG BAC 35.47 target 40Look daily still heading down but holding supprt 35
look weekly on bottom turning up its still only a swing trade
Look selling vol less
target 40 50 day ma
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