Bank of AmericaLong
BAC - immediate resistance at 23.5/25 levels.
BAC i analyzed over three periods to identify some trend:
1. Good support seen at 22.7 level, historically it has been able to maintain that support
2. Immediate resistance is 23.5-25 levels. If those levels it is able to break then it may run towards 27 levels.
3. Tracking from March, the pattern is some what symmetrical triangle suggesting bilateral movement. In my view if it break 25 level then I am bullish on it.
4. In next 2-3 weeks, it will again test 23.5 level
Disclaimer - I have a position in BAC as of now.
1. Good support seen at 22.7 level, historically it has been able to maintain that support
2. Immediate resistance is 23.5-25 levels. If those levels it is able to break then it may run towards 27 levels.
3. Tracking from March, the pattern is some what symmetrical triangle suggesting bilateral movement. In my view if it break 25 level then I am bullish on it.
4. In next 2-3 weeks, it will again test 23.5 level
Disclaimer - I have a position in BAC as of now.
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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.