Bank of America Spike on Earning

Updated
Bank of America stock BAC had a swing trading Spike on earnings today (see below). The spike on earnings is a catalyst I like to look for as a potential risk defined long BUT it is occuring within price action at no clear prior support level. The broad COVID > High 50% Retracement is down at 34. It will still be worth watching today's Daily close to see if price recovers the March low for a potential failed bearish breakout. Sitting and watching for now.
Note
snapshot
30m swing trading timeframe spike
50retracementBACbankofamericaspike-tradingStocksTrend Analysis

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