BAC - Long Looks like it's about to go down for a while, but it's within the channel. It's my favorite bank, I'll continue to hold, but does not look like a buying opportunity at this time.
Bankofamerica
BAC trying to break the resistance 3 valley's then boom!I expect a third small valley then we break resistance I am long on BAC
HEY BACThe potential growth of NYSE:BAC is about 23% and the target price of JPMorgan is above 37$ per share
BAC: weekly view chat bubbles say it all. Currently on lower TF it's looking like trying to find sell setups is a good idea.
$BAC - Losing 1 month support $BAC if loses 1-month support can see a big drop. Look at the end of the day for a clean break and buy weekly puts.
*for entertainment purposes only, not investment advise*
Bank of America Stock AnalysisNYSE:BAC
The idea is to hold for now and wait that the resistance level of 25.5 USD will be broken before going long, otherwise just hold.
Bank of America in the next few months There are few strong signs that suggests BAC goes down to test its previous supports. However, the result of the presidential election could affect the severity of this correction.
$SPCE can rise in the next daysContextual immersion trading strategy idea.
Virgin Galactic Holdings, Inc., an integrated aerospace company, develops human spaceflight for private individuals and researchers in the United States.
The share price rose after analysts at Bank of America (BAC) had initiated coverage on Virgin Galactic (SPCE) Monday with a buy rating and a 35 price target.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $20,45 ;
stop-loss — $18,67.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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BAC LEAPS BAC looking to repeat this pattern, looking to retest 55 within these next couple years. Bounce off my support zone at 18.04 making its way up to retest 35.40 break that we could see an overall move up to $44. Perfect stock to add to your long term portfolio. Warren Buffet's second largest holding in his portfolio is BAC so why not invest and follow the most successful investor of all time. Shares are a good hold and ITM calls for 01/2022 are perfect to add to the portfolio.
JPM - Long to $102, $105My trade plan is continuous keeping all of Long positions in the Banking Sector.
JPM and BAC can return to Uptrend after hit the Bottom Support Trend Line.
Disclaimer!
MARKET BUY BANK OF AMERICA- ON THE TRENDLINE SUPPORT
- AT THE APEX; EXPECTING A BREAKOUT INTO NEXT WEEK
- RISK OF 2%~ IF DAILY CANDLE CLOSES STRONG BELOW TRENDLINE
- UPSIDE POTENTIAL OF 28+%
BAC RETEST 28 BULLISHBAC is on a strong ladder pattern upward, bull run can be confirmed looking at RSI.
Possible Next stop 28 and depending on market reaction, a retest of upper resistance.
BAC - Long, Target $27.50 and $29.00 in the next 2 weeksBAC is forming Cup and Handle on D1 chart.
Now is $26.50. with this pattern BAC's target are: $27.50 and $29.00.
While the market in the correction process.
The cash flow from other Sectors that are Overbought is certainly looking for a new destination.
Banking is a good Sectors that is regaining balance when it exits the Oversold zone and keep going up slowly.
I predict BAC will hit 2 targets in the next 2 weeks, with 70% confidence level, 10% Sideway and 20% drop to $25.50 - $26.00.
Ichimoku, RSI, MACD are supporting this uptrend too.
Disclaimer!
BAC Bank of America will stay between upper trendline and gannThe 1/3rd gann line is acting as a strong support aswell as the 0.382 fib level that created a triple bot. The price will pull back to 0.382 level to the short term fib level which lines up perfectly with the 1/3rd gann support line and from there it will continue its way up to $27.07 price target which is the trend line and which is also 1.272 fib level before pulling back again to $26.72 retesting previous highs
BAC - Bank of America Based only on technical analysis, the idea is to go long as the resistance level of 26.5 USD has been broken many times.
To be on the safe side, as there are not a lot of signal the best option could be still to HOLD.
Bank of American (BAC) Three Rising Valleys Bullish SignalNYSE:BAC is undergoing a 3 rising valleys pattern which is very bullish when you combine it with divergence on both oscillators. The tech sector seems to be bleeding and investors might shift their cash into financials such as BAC.
Targets are also provided if one was to take part in it. Very good R/R ratio so stop loss could be set a litter looser.
This is not financial advice and it is only meant for education. I am not responsible for any loss you have from trading my ideas including this one.
BAC daytrade idea on the up to $26 - $26.50 before Sep 3thM15 and H1 timeframes give clear bullish signals on Heikin Ashi candles.
M15 is trending up to tear the EMA ribbon silk.
MACD on H1 is showing a cross below zero line.
At the same time, CCI and RSI are showing bullish signal too.
Disclaimer!
BOA - Bank Of America Never been a big fan of Bank Stocks, but with much of the market recovering, banks still have room to head back to their 1q price levels. We also have the election on the horizon which leads to uncertainty and big money/smart money loves certainty. With the Fed printing and borrowing rates at historic levels, a dividend paying bank stock like $BOA fits that criteria for the smart safe (boring) money.
At the moment BAC is consolidating and we're waiting for a break to see which way this stock will move. It appears there is still a good amount of time before it breaks but it's another one we'll keep our eye on. If it breaks in either direction, we'll wait for the price to retouch the purple lines on our chart confirming resistance or support (depending on which way it breaks), before entering a position. We know Buffet (through Berkshire Hathaway) just bought another 34 million shares in July and BOA is still paying a 2.8% dividend with room to grow.
Our Targets:
If we get a break to the upside, we're aiming at $32-34 range. A break to the downside, looking at $22.00 area for support. Once again, we're waiting for a break and then retest before taking a position on this one.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
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Bank Of America short if dollar holds Stock symbol BAC has been hitting 4 hr trend line and falling if USD dollar can hold up strength looking for short to weekly trend line $.40 drop, late at seeing this chart but earlier had some nice shorts
BAC riding Impulse Wave 3 of Elliott wave right into resistance!BAC looks to be riding Wave 3 Impulse with Extension right into strong Resistance. Could be a perfect spot for some consolidation into wave 4 before wave 5 looks to test the resistance. Conversely we could see a push through the resistance and then wave 4 will form and bounce off of the new support. Looking at wave 3 being an extension wave it is at it's 5th point and seems to me that any at this point would lead to wave 4.
- RSI is overbought on 4 hour chart (71) BUT only at 63 on the daily chart SO we could see a blow through of the resistance due to it still having room to move on the daily chart
- looking at the previous may-june wave setup it seems to be doing the same setup, wave 3 tests the resistance and then wave 5 blows through it
opposite: oversold and strong resistance could lead to breaking of the waves and bearish move
Lets see what happens. Happy to hear any critique/ideas on my setups or ideas, thanks!
