BANK OF AMERICA DAY TRADE PLAN oct 20Disclaimer: I do not give solicitation to buy or short. BANK OF AMERICA DAY TRADE PLAN Showing my setup plan on BAC for a day trade. Lets see Long01:24by Composed_Trader220
BAC D2: BEST Level to BUY/HOLD 40% 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 40% 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) ::: October 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 December 2022 ::: is the best strategy BULLS ::: BUY LOW near 25 USD / BUY ANY DIPS ::: recommended strategy: BUY NEAR range LOWS ::: SL 10% TP1 +25% gains TP2 +40% 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 ProjectSyndicate292995
10/16/22 BACBank of America Corporation ( NYSE:BAC ) Sector: Finance (Major Banks) Current Price: $31.70 Breakout price trigger: $32.65 Buy Zone (Top/Bottom Range): $30.90-$29.00 Price Target: $35.50-$36.00 Estimated Duration to Target: 48-50d Contract of Interest: $BAC 12/16/21 32c Trade price as of publish date: $1.96/cntLongby lord_catnip1
BAC Iron Condor pre-earnings announcement Monday morningThe options market expecting a move of 5.3% in either direction. This move was breached in 2 out of the last 12 earnings . gyazo.com The post-earnings move was outside of the implied range 2 times. In those cases, long straddles were profitable. The rest of the earnings moves likely yielded profitable Iron Condors. Scanning for the best options trade of all calendars, straddles/strangles, iron flys and condors, the highest ranked trade is a IronCondor with strikes at 26, 30, 33, and 37, expiring on 2022-11-04, for a credit of $1.35. gyazo.com We can see the theoretical values in more detail. The distribution edge D%, found by the expected value of the payoff picture on the stock's historical distribution, has an edge of 2.0%. The forecast edge, which is derived from historical volatility , has an edge of 13.3%. Lastly, the smoothed edge, which is calculated by drawing a best fit curve through the monthly implied volatilities, has an edge of 0.0%. The edge is relative to the mid-market price of the trade. Greater positive edges are a theoretical benefit to the trader. We can also look at the payoff graph. The probability of profit sums the probability of the nodes for the part of the payoff picture above the zero profit line over three standard deviations. For this trade the probability of profit is 62.31%. The reward to risk divides the max gain by the max loss. Here the 1 to 2.0 is the ratio of the max gain of $133 to the max loss of $-267. There are two break evens for this IronCondor at 28.67 and 34.33. The total greeks and ThinkOrSwim code complete the information on the trade analysis popout. by ORATS0
False Breakdown in Bank of America?Bank of America lost more than 40 percent of its value between February's high and this morning’s low. Is the megabank now showing signs of a bounce? The first pattern on today’s chart is the early drop to $29.31. That was BAC’s lowest price since December 2020, but it lasted less than 30 minutes. Prices turned green by 10am ET and quickly surpassed the previous session’s high. The result was a few possible reversal patterns. First is today’s bullish outside candle. Second, you have a false breakdown to new 52-week lows. Third is the potential double-bottom at the July lows. That’s especially visible on the weekly chart, which also shows BAC holding support from early 2021. The next pattern to watch could be the falling trendline along the highs of September 20 and October 4. This, combined with the support level from February 2021 of $29.57, create a narrowing range. Traders may look for a potential breakout, especially with quarterly results due the morning of Monday, October 17: 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 TradeStation13
BAC (POTENTIAL BUY/SELL LEVELS)Just my basic MONTHLY charting. I have marked what I see as the POSSIBLE bottom (support). I see overall UPTREND with a possible reversal. I have marked my potential BUY/SELL zones for LONGS/SHORTS/CALLS/PUTS.by Empoweryourmind2
Iron Condor 10/14 Expiration$BAC Iron Condor 10/14 Expiration +1 $36 CALL -1 $35 CALL ---{share price = $31.5}--- -1 $30 PUT +1 $29 PUT $16 credit. $100 collateral 5:1 risk:rewardby zach66670
BAC daily RSI divergenceBAC daily RSI divergence stop loss under local low, take profit at 50% Fibonacci retracement.Longby MishaSuvorovUpdated 1
BAC setting up to dropBank of America (BAC) has clearly defined a primary descending BLUE channel, followed by a secondary ascending TEAL channel. Price has now settled below the TEAL support structure by 1%+. I've identified my desired entry, stop loss and limit target below. The 50 day SMA is trending below the 200 day SMA ... The 20 day SMA is trending below the 50 day SMA ... Price is below all 3 SMA'sShortby SpecialeAnalysis0
Elliott Wave View: Bank of America (BAC) Rally Should Fail for MShort term Elliott Wave view on Bank of America (BAC) shows that cycle from 9.12.2022 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 9.12.2022 high, wave 1 ended at 33.54 and rally in wave 2 ended at 34.90. The stock has resumed lower in wave 3. Down from wave 2, wave ((i)) ended at 33.66 and rally in wave ((ii)) ended at 34.87. The stock resumes lower in wave ((iii)) towards 31.21, and rally in wave ((iv)) ended at 31.82. Expect the stock to extend lower 1 more leg in wave ((v)) to complete wave 3, then it should rally in wave 4 before it resumes lower again. The stock is now close to breaking below the previous low on 7.14.2022 low (29.67). A break below 7.14.2022 should open up a bearish sequence from 2.10.2022 high calling for further downside. Other broader Index such as Dow Futures ($YM_F) and S&P 500 ($SPX) already broke the same equivalent low, thus it’s likely that BAC should do the same. Near term, as far as pivot at 34.88 high stays intact, expect rally to fail in 3, 7, or 11 swing for further downside.by Elliottwave-Forecast112
BAC daily bullish hammer at double bottom supportDAC daily bullish hammer at double bottom support gotta be quick countertrend and earning are around the corner.Longby MishaSuvorovUpdated 1
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