nasty cluster resistance rejection 🥶recently extreme trend support flipped to resistance and was rejected from 2020 highs at the same time. we are at strong support zone on chart/rsi now so bounce is possible. Watching for break of 31.82 for some rally, break below 29.51 for more downsideLongby Vibranium_Capital9
BAC monthly bearish hammerBAC monthly bearish hammer after indecision probably some form of wave 5 down trend.Shortby MishaSuvorovUpdated 3
BAC Hrly shortBAC Hrly short Shortstop @ 33.91 TP #1 @ 33.58 70% wr TP #2 @ 32.99 55.71% wr SL @ Swing high 35.50 10% hr WR and HR Determined from past trades. See more trades like this on Bifrost Trades. Shortby Attanos1
$BAC bouncing between $32 and $35🔸️Ticker Symbol: $BAC timeframe: H-1 🔸️Neutral Pattern 🔸️Investment Strategy: Neutral TECHNICAL ANALYSIS: I think we have a great opportunity to play both sides with BAC; in the short term MM on the Trendsi Dashboard is moving up; indicating that we can more than likely see a push to the upside; which looks even more favorable when we add in our order blocks on the H-1. There are two potential levels to watch for price action; but in the short term, look for BAC to rally a pt or two; I do like the potential rejection at $34.5 and $35.5. Keep these levels on your charts and watch for a break down lower to retest $32 once these order blocks are filled. 🔔 Follow for daily stock, crypto and forex technical analysis . ⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.by cj-0
US DIVERSIFIED BANKS FORECASTThese are from where i expect the bear market to end I have done an analysis of diversified banks in an attempt to find the most yielding and potential highest returns when markets recover Sector: Industry Industry: Diversified Banks $EWBC $JPM $WFC Do ur own due diligence cause these are designed to be the perfect estimates in an undisturbed environment follow ur fundamentals to figure the bumps ahead IN MY CONCLUSION $JPM FOR THE WIN SENNA SEASONby Bekiumuzi_Dube114
BAC Swing Idea 8/22 - jtgladiatorNYSE:BAC Looking for a continuation to the downside for BAC These are swing levels but can also be used intraday if wanted. Just grab ITM instead of OTM. Buy Puts / Go Short 34.50p <35.31 - Watch for reversal to the upside. Scalp calls if reverses to the upside. Buy Calls / Go Long 36.50c > 36.03 - Also watch to go short if this level "rejects" View my chart in real-time www.tradingview.com by ApeManDanUpdated 1
BAC expected to rise towards $37BAC stock price is trading at a major Fibonacci retracement level. Price is in bearish trend making lower lows and lower highs. There is no sign of a reversal yet. The RSI is not making lower lows, producing bullish divergence signals. I believe that the most probable scenario is for BAC stock price to form a bottom and signal a reversal to the upside soon, this expected reversal will eventually push price towards $37. I would certainly NOT be bearish BAC at current levels with current technical conditions. I would be looking entry points for long positions in order to trade the bounce.Longby trading2dayUpdated 1
$BAC Currently overextended $BAC is over extended. Being patience here and waiting for the shift of momentum to change. Trendsi indicators, the money momentum (White Line) is over extended into the upper red band area, indicating an over extension. We just need the rest of the indicators to verify momentum. When the middle band shifts to red (indicating a bear market momentum), as well when a sell signal appears will let me know when $BAC has shifted to a downward trend.Shortby rc9257Updated 1
$BAC DUMPING AS EXPECTED 🩸🔸️Ticker Symbol: $BAC 🔸️Timeframe: 4H 🔸️3X Bear Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: $BAC is currently in a 3X bear pattern. This means all three of our indicators are pointing in the same direction. We have our money momentum heading lower, a red dot meaning a key ema crossover and also our middle band has now shifted over from green to red representing bearish marker momentum. If we can continue in this 3x bear pattern, I do believe we can see a test of approximately $34.90 which would be our middle line on the regression tend indicator. 🔔 Follow for daily stock, crypto and forex technical analysis. ⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. Trendsi Trades LLC is not a financial advisor and may not be held liable for any losses which may occur. Short01:51by TrendsiTrades112
$BAC IS THE RALLY OVER 📉🔸️Ticker Symbol: $BAC 🔸️Timeframe: 4H 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: $BAC Post earning has increased in value 24.24% at its max. Is this rally sustainable? If we take a look at our linear regression indicator it suggests we are in the top deviation level. Now historically when we have entered this area, we have seen a nice move lower on $BAC. We also have our white line on the dashboard representing "money movement" shifting lower while the price of the stock is currently still increasing. This is known as divergence. With all of these indications sounding at the same time I do believe we could potentially see a nice selloff on $BAC in the coming week. Please leave a comment below on your personal investment strategy. 🔔 Follow for daily stock, crypto and forex technical analysis. ⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. Trendsi Trades LLC is not a financial advisor and may not be held liable for any losses which may occur. Short01:26by TrendsiTrades0
Added bac shortLook vol as we go into 100 day ma and banks weak Pattern still down Shortby john12Updated 1
a company BAC industri is bullish with great potentialI see in the analysis a high probability of the rise of bac to 48.04 dollarsLongby Hamidjo2
BUY BAC Bank of America - resilient value play against inflationFundamentals: Here is what ClearBridge Investments has to say about Bank of America Corporation (NYSE:BAC) in its Q1 2021 investor letter: "Higher long-term interest rates supported financials such as Bank of America, which has shown both defensive and offensive characteristics in the past year. We believe it continues to be the least risky large bank from a credit standpoint, with conservative underwriting and controlled risk taking, a leading consumer deposit franchise, scale and technology. It is also a leader in its commitments to sustainability, or as it terms it, responsible growth. Disclosure and reporting at all levels form a large part of this commitment, including gender diversity and equality, environmental commitments and support of communities in which it operates. In the first quarter Bank of America announced it is setting a goal of net-zero greenhouse gas (GHG) emissions in its supply chain and operations, and notably also in its financing activities, before 2050." Technicals: - reached golden pocket zone, 61.8% pullback fibonacci retracement - support zone at 29-32 price - MACD oversold, sell pressure weakening Actions: Currently double hammers on the weekly, enter a LONG on a bullish engulfing candle. Definitely a solid value play for the inflationary environment.Longby Gold_D_RogerUpdated 2
(Update) BACAs correctly anticipated on 16 July 2022'S commentary, Bank of America rallied on the back of the highlighted morning star pattern and reached $35.41. Going forward, Bank of America could continue rally if it continues to be above the resistance turned support level of $35.41. Bullish crossovers in MACD and EMA10-EMA20 also suggest this rally potential. Latest resistance levels are seen at $37.47 and $38.75. However, a daily close below $34 could present short selling opportunities. First downside support is $32 while second support is seen at $29.67, which was the year to date low.by Boring_Trader1
🏆$BAC: BEAR SIGNS OF A PUSH LOWER!🔸️Ticker Symbol: BAC 🔸️Timeframe: 4 Hour 🔸️Bear Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: $BAC on the 4H timeframe is trading in a neutral regression trend. When we are trading sideways, I like to look at the bottom dashboard to get a better feel for potential market direction. The white line which represents "money momentum" we can tell is in the top red "selling section" while our candles are also testing the top red deviation level on the regression trend indicator. Historically in the past this has acted as a potential sign we could see a push lower on $BAC giving me an investment strategy of SHORT. Have a great day trading! 4X 🟢 Bull Pattern Confirmation Requirements ✅️ Linear Regression Indicator Increasing ✅️ Money Momentum Shifting Higher ✅️ Green Dot: Key EMA Crossover to Upside ✅️ Green Middle Band: Bull Market Momentum 4X 🔴 Bear Pattern Confirmation Requirements 🔻 Linear Regression Indicator Declining 🔻 Money Momentum Shifting Lower 🔻 Red Dot: Key EMA Crossover to the Downside 🔻 Red Middle Band: Bear Market Momentum ⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur. Short02:09by TrendsiTrades4
Bank of America Corp.: the instrument trades sidewaysNYSE:BAC Current trend The shares of Bank of America Corp., one of the US's largest banks and analytical agencies, are moving sideways around 33.00. The downward dynamics of the asset are developing against the backdrop of investor pessimism regarding the recent Q2 report, which was one of the worst for the company: net profit fell by 33% and amounted to 6.2B dollars compared to 9.2B dollars a year earlier, EPS is at the level 0.73 dollars, well below 1.03 dollars a year earlier, while the corporation's revenue reached 22.69B dollars, down from 23.23B dollars a quarter earlier. The main disappointment for traders was that the division responsible for capital markets investments suffered a loss of 5.0%, which reduced revenue to 4.5B dollars. The new report, published on October 17, is expected to increase revenue to 23.51B dollars, while EPS could increase to 0.8011 dollars. The next dividend payout is scheduled for September 30, and shareholders will receive 0.22 dollars per share, reflecting an average quarterly return of 2.66% per annum. Support and resistance n the global chart, the price has left the downwards channel and is preparing to continue its local growth. Technical indicators maintain a buy signal: Alligator's EMA oscillation range expands, fast EMAs are above the signal line, and the AO oscillator histogram trades in the positive zone, forming downward bars. Resistance levels: 33.85, 37.34. Support levels: 32.40, 30.00. Trading tips Long positions may be opened after the price rises and consolidates above 33.85 with the target at 37.34 and stop loss 32.00. Implementation period: 7 days or more. Short positions may be opened after the price drops and consolidates below 32.40 with the target at 30.00. Stop loss — 33.00. ***All indicator readings and price values are historical data. Past price behavior is not a reliable indicator of future performance.by Solidity_best_optionsUpdated 1
BAC D2: BEST Level to BUY/HOLD 50% 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 50% 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) ::: 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.Longby ProjectSyndicateUpdated 363696
Is Bank of America Overbought?Bank of America had relief rally in the second half of July, jumping from a 52-week low under $30. Now some traders may think it’s overbought. The main pattern on today’s chart is the declining 50-day simple moving average (SMA). The recent surge brought BAC back to the line for the first time since late February. Trend followers may now look for the bearish direction to continue around this SMA. Second is the price zone around $34. The stock struggled to hold that level on May 20 and then knifed below it on June 10. Prices have remained below it since, which may indicate that it’s still resistance. Third, stochastics have been showing an overbought condition. Finally, you have challenging macro conditions as the yield curve continues to invert. 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 TradeStation15
BAC: TurnaroundBank of America Corp Short Term - We look to Buy at 32.43 (stop at 30.27) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Previous resistance level of 32.32 broken. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. We look to buy dips. Our profit targets will be 37.49 and 40.00 Resistance: 37.50 / 44.00 / 50.00 Support: 32.32 / 30.00 / 26.00 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 VantageMarkets2
#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.by renkotradingcompany0
$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%. Longby EPSMomentum0
#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%.by JARQ940
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. by Boring_Trader0