Bank of America - BAC Technical AnalysisHold. Wait the right signal to go long. Based on technical analysis there are not a lot of buy/selling signal so the best option is to Hold. Fundamental Analysis (I did not find a lot of "good" news) Might it be impacted by the 3 Trillion Bill??by Mauriello8
BAC Can Drop Further Than Anyone Thinks & a Generational BuyThis name BAC may become the best DEEP VALUE BUY of the decade - Time will tell and we'll be updating as we go along. #stocks #trading Longby NewYork8889920
‘Bank of America my account got 6 figures’ 🎶So one price gap has been filled. One more to go. Let’s see how this goes. The stock market is still not in the clear. I did long at the dip a few weeks back. If it goes lower I will purchase more. Airlines are important for the USA. They will not let China or other nations take over the aviation industry. The government has to bailout or create some new financial tool. The USA is king of financials. In my perspective they will buy every share from the airline to prevent China from taking over. by JacobTrader1007
Bank of America D1. Good perspectiveBank of America stocks collapsed, as did the entire stock market. But in the near future, the banking sector will be of great relevance. The quarantine period stopped most of the business, creating a crisis situation. Banks also suffered from this, having lost a large cash turnover. At present, the economy is beginning to slowly revive and business is restoring its activity, which will lead to increased activity of the banking system. Also, many businessmen will be forced to take loans, because not every business has been able to withstand the quarantine period financially, and it needs a financial incentive. This situation will increase the profitability of banks and will stimulate bank shares to grow. Bank of America is one of the largest US banks and one that sets the trends in the banking system of the whole world. He has great prospects in the near future.Longby StrongBull7776669
Bank of America: short view4H Chart Explanation: - Price broke an important Support Zone. - It is currently on a Bearish Corrective Structure. - If price breaks it, potential to move down towards the Support Zone. Weekly Vision: Daily Vision: Shortby ThinkingAntsOk2215
PERFECT BULLISH CONFIGURATIONEverything suggests on this BanK of America graph that a nice rise is preparing indeed all the concorde signal volume , breakout candles, pivot point as well as the breakage of the last fibonacci line found below the pivot point and which the first green candles took support. it is therefore possible to see a nice increase at the breal of the green line.Longby fakel30537
BAC - Ascending TriangleKeep an eye to see if we will get a breakdown or breakout. Don’t enter too early!! Could get caught in the wrong side. Green cloud support on the right will form slowly but can turn into overhead resistance if the price moves below. Ascending triangles are normally bullish, and take a few weeks to start forming. Can easily see the formation here.by thealecbellamy7
BAC near term bullishBAC is in a falling wedge but has been consolidating and building bullishness towards the bottom and I expect a breakout to the topside to occur - bullish above 22.20Longby brycat234
#BankOfAmerica - One more low? #bac #BofA Maybe the low is in since 23.03.2020 but I think an other low should come. The $19.59 must fall for a new low. Greetings from Hannover Stefan Bode Shortby StefanBode4413
BAC 04.05.20 LongAsset and Time frame -BAC, 1H Entry Price -22.6385 Exit(Stop Loss) -21.59 Exit(Take Profit) -24.94 RRR is 2.25 Technical Analysis -1H chart is bouncing off the confirmed trend line for the 4th time, price is also "sitting" on the -27.2 level, the price hasn't reached oversold on the 1H chart, and the 4H RSI is bullish. What can be improved - Conclusion & End of Trade -Longby Avirany12
Rising triangle and possible future breakoutBAC forming a triangle. I've been waiting for a good entry for about a week. $22.66 has also been an important line of support in the past. The reward is not super high, but neither is the risk. I'm going to enter now with a stop-loss at $22.45, which is about 2%. I'm hoping to sell some at $25.3 and then either wait for a breakout or buy into the retracement. Fundamentals look good too. Analysts say that BAC is either buy or hold. Longby QuantumMasterUpdated 6
Bank of America is stuck between two MA $BACIt fell below 50SMA on last Friday creating bearish move but 20SMA holds the action. RSI is almost 50 which is good signal. It will be more healthy if it keeps above $25.32. Until there, recommend to wait.by TheBullseye9
Bank of America bull run last week ending?Technical suggest that a sell off may continue. First, the bearish pennant/symmetrical triangle indicates a sell-off soon. 2nd, double top persistent closure below 38.2% of the bearish impulse move. Third, the 88.6% of the double top shows a bearish hanging man. Thus, the sell-off is imminent. Shortby William-trading4
BAC - Bank of America Corporation - ShortThis stock is currently inside a triangle. It has a very strong resistance, so it might break the triangle and enter in a downtrend until it reaches the support. This idea is predicting a very similar movement as "Long for TSLA". Follow me for more ideas and for more profits!Shortby UnknownUnicorn73705199