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.
BOAC trade ideas
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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#SuakuFlowsWatchlist - 5/12/22#SuakuFlowsWatchlist
$BAC P < 35.51
$JPM P < 117.94
$WFC P < 42.49
$XPEV P < 19.66
Looking for a 3-1-2 bearish continuation on all these picks tonight.
If you're looking to play calls, it should ideally be only as a scalp. Overall trend remains bearish.
Trade safe! 💰
depression is coming or something worse brr brr brrdescending wedge, most likely going to form head and shoulder. Oversold as well. im going to ride it up with calls and then ride it down with puts after.
Bank of America - it will be a great again like USA? hi,
we have a big problem, because when I look on the Simple Wall Street application I see that lot of managers from top banks sold their stocks of their own banks. I think: Citi, Goldman Sachs, GP Morgan,
Please read also ZeroHedge article about banks in USA, only to summarize it: we have to wait to October to see where will be the index of SPX
in Poland we say - without banks there is no hosanna, bullish market.
There is great back in stocks, lot of selling, people are right now on the cash sitting.
I think that looking on Fibonacci - 25 will be tested, o 20 USD?
Also look if there are more PUT or Call Options.
It is better to wait right now and wait for any signal that it will move up back, on all the market, not only on one stock
There will be up and down, hills and bottom, remember that next hill must be above last one that we can say that market will move then up...
Also there must be a calm down - no more sliding down in quick time ...
Short scalp $BACBased on its downtrend, regress off resistance and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF $BAC breaches yesterday's low of $ during today's session.
BAC Supply Area= Red
SnR= Blue
Trendline = break or sustains?
Overall Trend is in downward, but there is always opportunities everywhere!!
BAC POSITION SHORT WEEKLY STOCH 43.62Went short BAC weekly about roll over
Daily 200 day MA huge resistance
I have a scout on meaning I put 25 shares on
4 dollar trailing stop most I loose is 100 bucks
give it room breath.
Order in breaks 38 load up target 19
$BAC - Bank of America - Bullish Move$BAC - Long this stock - 3 indicators confirm the bull trend
1. The Hiekin Ashi candles have indicated a Bullish Move. The bear trend stopped with a large green candle on the Hiekin Ashi chart.
2. The candles have bounced off a common resistance area. Previous areas have shown resistance.
3. The RSI is indicating it has been oversold. Every time this stock has oversold there is a reversal.
4. The Q1 Earnings show great potential for this stock to grow.
Targets - Long the stock
Buy @ 39.57
Sell @ 43.79
Stop Loss @ 38
