short the banksToday, $33.5 puts were high, and it look like we're dropping to the 0.618 fibonacci retracement in a 5 wave impulse to the downside, which could later bounce in an ABC correction pattern. There is a gap from $32.87 to $32.63, which is my price target.Shortby jamesraulsimpson442
BAC sitting on supportBAC currently sitting on top of a recently settled above support channel, also being propped up currently by its 200 day sma. by SpecialeAnalysis220
Bank of America - Extending higher from the bullish flagBank of America Corp - Short Term - We look to Buy at 37.17 (stop at 35.28) Posted a Double Bottom formation. Prices are extending higher from the bullish flag/pennant formation. The formation has a measured move target of 44.30. Further upside is expected although we prefer to set longs at our bespoke support levels at 37.17, resulting in improved risk/reward. Our profit targets will be 44.30 and 48.82 Resistance: 38.60 / 40.37 / 43.75 Support: 37.15 / 36.20 / 32.63 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre. Longby VantageMarkets1
BANK OF AMERICA CORPORATIONMonday, 14 November 2022 12:59 PM (WIB) Bank of America Corporation is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and All Others. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. Global Wealth and Investment Management provides client experience through a network of financial advisors focused on meeting their needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 and is headquartered in Charlotte, NC.Longby RyodaBrainless1
BAC - SHORT TERM CORRECTIONShares of Bank of America Corp rose 4.41% Thursday, on what proved to be an all-around favorable trading session for the stock market. The performance of the stock was mixed when compared to some of its competitors In a short term, a correction is expected to the 0.5 Fibo level with a $34 price target. Further correction is possible as well. 2nd support is located at $31. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.Shortby legacyFXofficial115
10/30/22 BACBank of America Corporation ( NYSE:BAC ) Sector: Finance (Major Banks) Market Capitalization: 290.715B Current Price: $36.18 Breakout price trigger: $36.60 Buy Zone (Top/Bottom Range): $35.60-$32.65 Price Target: $45.80-$46.50 (2nd) Estimated Duration to Target: 180-191d Contract of Interest: $BAC 4/21/23 40c Trade price as of publish date: $1.82/cntLongby lord_catnip0
BAC daily bearish hammer end of wave 2 wave C correctionOrder SELL BAC NYSE Stop 35.24 LMT 35.24 will be automatically canceled at 20230401 01:00:00 EST BAC daily bearish hammer end of wave 2 wave C correction in between support and resistance nothing in our way if we clear this hammer below.Shortby MishaSuvorovUpdated 4
$BAC chart analysis 👁🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Markets are at a 50/50 mark that could decide the trajectory of things for a while until we reach yet another consolidation period. My team believes that tomorrow either $AAPL or $AMZN will miss. We believe that inflation worries will fuel the dollar and cause yet another leg down in the market. Additional thoughts: Russia/Ukraine conflict is escalating and could be reaching the peak or climax before any relief arrives. !! This chart analysis is for reference purposes only !! If you want to see more, please like and follow us @SimplyShowMeTheMoneyShortby SimplyShowMeTheMoney1
BAC - Bank of America (full monthly chart)A difficult chart to label. On an linear scale it looks like an expanding ending diagonal, BUT on a logarithmic scale it looks like a contracting ending diagonal. I chose the latter, even though it, in theory, violates the rule (the first wave is shorter than wave 3). Still, the rule is not violated on the linear scale. It's also possible the move is an impulse wave (in that case the diagonal would be a leading diagonal), but the initial wave 1 of the higher degree looks more like a zigzag. The bottom line is - if the price doesn't enter the price territory of wave 1 (around $19+) it invalidates the pattern and would suggest an impulse wave.Shortby PriceActionHelp3
BAC - Daily - UptrendBAC making HH and HL on the daily timeframe. Long trades would be profitableby ssabbas1
Bank of America Corp (BAC)For the short term this stock looks interesting. Resistance in 37-38usd We will see there if it is possible to go for more or notLongby JM_Charts0
$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 88.89%. Longby EPSMomentum1
BANK OF AMERICA DAY TRADE PLAN oct 20Disclaimer: I do not give solicitation to buy or short. BANK OF AMERICA DAY TRADE PLAN Showing my setup plan on BAC for a day trade. Lets see Long01:24by Composed_Trader220
BAC D2: BEST Level to BUY/HOLD 40% gains(SWING)(STOCKS)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! BAC D2: BEST Level to BUY/HOLD 40% gains(SWING)(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) ::: October 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 December 2022 ::: is the best strategy BULLS ::: BUY LOW near 25 USD / BUY ANY DIPS ::: recommended strategy: BUY NEAR range LOWS ::: SL 10% TP1 +25% gains TP2 +40% 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.Longby ProjectSyndicate292995
10/16/22 BACBank of America Corporation ( NYSE:BAC ) Sector: Finance (Major Banks) Current Price: $31.70 Breakout price trigger: $32.65 Buy Zone (Top/Bottom Range): $30.90-$29.00 Price Target: $35.50-$36.00 Estimated Duration to Target: 48-50d Contract of Interest: $BAC 12/16/21 32c Trade price as of publish date: $1.96/cntLongby lord_catnip1
BAC Iron Condor pre-earnings announcement Monday morningThe options market expecting a move of 5.3% in either direction. This move was breached in 2 out of the last 12 earnings . gyazo.com The post-earnings move was outside of the implied range 2 times. In those cases, long straddles were profitable. The rest of the earnings moves likely yielded profitable Iron Condors. Scanning for the best options trade of all calendars, straddles/strangles, iron flys and condors, the highest ranked trade is a IronCondor with strikes at 26, 30, 33, and 37, expiring on 2022-11-04, for a credit of $1.35. gyazo.com We can see the theoretical values in more detail. The distribution edge D%, found by the expected value of the payoff picture on the stock's historical distribution, has an edge of 2.0%. The forecast edge, which is derived from historical volatility , has an edge of 13.3%. Lastly, the smoothed edge, which is calculated by drawing a best fit curve through the monthly implied volatilities, has an edge of 0.0%. The edge is relative to the mid-market price of the trade. Greater positive edges are a theoretical benefit to the trader. We can also look at the payoff graph. The probability of profit sums the probability of the nodes for the part of the payoff picture above the zero profit line over three standard deviations. For this trade the probability of profit is 62.31%. The reward to risk divides the max gain by the max loss. Here the 1 to 2.0 is the ratio of the max gain of $133 to the max loss of $-267. There are two break evens for this IronCondor at 28.67 and 34.33. The total greeks and ThinkOrSwim code complete the information on the trade analysis popout. by ORATS0
False Breakdown in Bank of America?Bank of America lost more than 40 percent of its value between February's high and this morning’s low. Is the megabank now showing signs of a bounce? The first pattern on today’s chart is the early drop to $29.31. That was BAC’s lowest price since December 2020, but it lasted less than 30 minutes. Prices turned green by 10am ET and quickly surpassed the previous session’s high. The result was a few possible reversal patterns. First is today’s bullish outside candle. Second, you have a false breakdown to new 52-week lows. Third is the potential double-bottom at the July lows. That’s especially visible on the weekly chart, which also shows BAC holding support from early 2021. The next pattern to watch could be the falling trendline along the highs of September 20 and October 4. This, combined with the support level from February 2021 of $29.57, create a narrowing range. Traders may look for a potential breakout, especially with quarterly results due the morning of Monday, October 17: TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation13
BAC (POTENTIAL BUY/SELL LEVELS)Just my basic MONTHLY charting. I have marked what I see as the POSSIBLE bottom (support). I see overall UPTREND with a possible reversal. I have marked my potential BUY/SELL zones for LONGS/SHORTS/CALLS/PUTS.by Empoweryourmind2
Iron Condor 10/14 Expiration$BAC Iron Condor 10/14 Expiration +1 $36 CALL -1 $35 CALL ---{share price = $31.5}--- -1 $30 PUT +1 $29 PUT $16 credit. $100 collateral 5:1 risk:rewardby zach66670
BAC daily RSI divergenceBAC daily RSI divergence stop loss under local low, take profit at 50% Fibonacci retracement.Longby MishaSuvorovUpdated 1
BAC setting up to dropBank of America (BAC) has clearly defined a primary descending BLUE channel, followed by a secondary ascending TEAL channel. Price has now settled below the TEAL support structure by 1%+. I've identified my desired entry, stop loss and limit target below. The 50 day SMA is trending below the 200 day SMA ... The 20 day SMA is trending below the 50 day SMA ... Price is below all 3 SMA'sShortby SpecialeAnalysis0
Elliott Wave View: Bank of America (BAC) Rally Should Fail for MShort term Elliott Wave view on Bank of America (BAC) shows that cycle from 9.12.2022 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 9.12.2022 high, wave 1 ended at 33.54 and rally in wave 2 ended at 34.90. The stock has resumed lower in wave 3. Down from wave 2, wave ((i)) ended at 33.66 and rally in wave ((ii)) ended at 34.87. The stock resumes lower in wave ((iii)) towards 31.21, and rally in wave ((iv)) ended at 31.82. Expect the stock to extend lower 1 more leg in wave ((v)) to complete wave 3, then it should rally in wave 4 before it resumes lower again. The stock is now close to breaking below the previous low on 7.14.2022 low (29.67). A break below 7.14.2022 should open up a bearish sequence from 2.10.2022 high calling for further downside. Other broader Index such as Dow Futures ($YM_F) and S&P 500 ($SPX) already broke the same equivalent low, thus it’s likely that BAC should do the same. Near term, as far as pivot at 34.88 high stays intact, expect rally to fail in 3, 7, or 11 swing for further downside.by Elliottwave-Forecast112