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Bank of America Corporation Depositary Shares (Each representing a 1/1200th Interest in a Share of Floating Rate Non-Cumulative PrefBB

Bank of America Corporation Depositary Shares (Each representing a 1/1200th Interest in a Share of Floating Rate Non-Cumulative Pref

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Bank of America Corporation Depositary Shares (Each representing a 1/1200th Interest in a Share of Floating Rate Non-Cumulative Pref stock forum


BAC fake market no price discovery. shoot to inflate.
BAC Is the monthly chart indicating that it is soon to turn negative in the coming months?
Snapshot
Jshi1211
BAC Technicals not looking good at all with the huge red candle closing below both 9EMA and 50 SMA on the weeklies. This potentially points to further downside to $35 at least if no buyers step in. The market as a whole has not bottomed yet and we are just beginning to see the start of a huge recession. I think Buffett was right to sell all his BAC. Bulls - don't get yourself trapped (disclaimer - I am not a bear but the market right now is not looking bullish)
moonypto
BAC Despite the recent stock market adjustment, the private banking clients of Bank of America (GWIM, with $3.8 trillion AUM) witnessed the third-highest inflow of funds into stocks in history this week, accounting for 1.8% of the assets under management. This reflects that many investors still maintain long-term confidence in the US stock market at present. When there is a significant pullback in the stock market, funds quickly flow into the market.

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BAC
🔥 Scalping Strategy for Bank of America (BAC):
🩸 Buy Zone: $43.70 - $43.90
🩸 Sell Zone: $44.10 - $44.50
🩸 Stop-Loss: Below $43.50
🩸 Breakout Targets:

Above $44.10 → $44.50 (+0.9%)
Below $43.70 → Short to $43.30 (+1.1%)
👑 Trade Rating: Short: 9/10 | Long: 6/10

🔥 LucanInvestor's Quote:
"If the market is undecided, let price guide your next move."