CheelooTrader

BAC - Good reversal candidate for 2024

Long
CheelooTrader Mis à jour   
BATS:BAC   Bank of America

  • Month price tagging 200EMA with a falling wedge set up. Volume above 28 is needed to confirm the hold and further breakout.
  • Risk/Reward is good here only for LT passive accounts. Still needs more work for this to work as a good trade.
  • Flag on daily should atleast test the trendline around 30.
  • No position yet.
Transaction en cours:
Playing as scripted. Now backtesting 200EMA. Next move is going to be bigger. Will build a position soon with 28 as the stop loss now.
Transaction en cours:
Real action will happen in the next cycle. Check out monthly chart.
Transaction en cours:
Keep this in your retirement portfolio. Look at the quarterly chart

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.