Long BAC - Bullish divergence spottedBank of America had a strong rebound yesterday by forming a bullish engulfing candle. Furthermore, it was supported by the RSI bullish divergence and oversold signal. More importantly, the falling wedge formation is indicative of a potential bullish upside. Longby William-tradingPublished 4
Bank of America USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutionsby SunstorminvestPublished 0
Bank of America Spike on EarningBank of America stock NYSE:BAC had a swing trading Spike on earnings today (see below). The spike on earnings is a catalyst I like to look for as a potential risk defined long BUT it is occuring within price action at no clear prior support level. The broad COVID > High 50% Retracement is down at 34. It will still be worth watching today's Daily close to see if price recovers the March low for a potential failed bearish breakout. Sitting and watching for now.by norokUpdated 1110
Bank of America as a buy stock based on technical analysisBank of America as a buy stock based on technical analysis. Using Stop-Loss for all my tradesLongby Trader_PtrPublished 0
$BAC BROKE MAJOR SUPPORT!-Major support broken at 38.17 good opportunity for smaller accounts to capitalize off cheaper options -will be lookin for an entry on puts as we get a continuation -1-2 candlestick confirmations to avoid fake outs Shortby Ubaidy100Published 0
GO LONG HAILMARY PASS BAC Hello everyone!! BAC I bought in at $13 and I've been in since. Let's wait for it get closer to 26.24 buy it at any price between 26.24 - 35.18 and hold until 2025 thank me then. Longby Murillo94Published 0
BAC - BULLISH SCENARIOBank of America Corporation will report earnings on Monday (18.04) before the market open. The expectations are for 0.7492 EPS and 23.18B Revenue. On the chart, we have a long-term ascending price channel, RSI in bullish divergence and the price is heading for a new test of the horizontal and diagonal support level. If the support level withstands, this will be a good entry for the long-term traders. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.Longby legacyFXofficialPublished 1
will we bounce off extreme support again?BAC is a good risk reward here for longs, potential higher low bounce near extreme support. I dont expect anything crazy but a move to 43-44 is possible. Longby Vibranium_CapitalPublished 1127
BAC Bank of America - Alternate viewCould potentially be seeing a Head and Shoulders pattern forming, which is more prominent on the Daily, but for the sake of seeing the full picture I've chosen the Weekly Chart. - Head and Shoulders Pattern - Sharp Sell off to Complete the H&S's - Bought somewhere between $22-30 , to complete an Inverse Head and Shoulders (Right Shoulder) before the rally starts.by NewDeusPublished 2
BAC a buy?? Why I think so. With the current rising rate environment and BAC just being one of the best banks to capitalize we could see some upward movement in the next few weeks. Entry point currently around $39 Will continue to watch this area. I expect a quick touch of the trendline and a solid bounce higher. Longby mwilber34Published 111
Doji candle buy signal with the main trend.Buying Doji signal with the main trend, the market shows a lot of potential upside giving the fact that we had a significant move lower.Longby TheKingOfCurrenciesPublished 3
BAC shortchecking out XLF and saw banks are down again today , we can continue selling into tomorrow thus I checked out one of my favorite bank stocks $BAC . break below 41.08 (or 41 if you like flat numbers) we can see 40.18 , even down to 39.85 . 40.5 cons are at .16 / 40p are .08 that's just my humble opinion though , do your due diligence . NFA Shortby prodigaltradesPublished 0
$BAC Key Levels, Analysis & Targets $BAC Key Levels, Analysis & Targets Bank of America… Ok… I’m starting to setup swing plans again… All target are buy targets… Have each target locked and loaded, and once it fills load the next buy target. After each target hits set your SELL order for 17%… (that’s the lowest and I’ll adjust this along the way) Happy Swinging… --- I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible… Shortby SPYder_QQQueen_TradingPublished 7
Bank of America Stalls at Potential ResistanceFinancials are the second-worst performing sector in the last week, and today we’re considering a difficult chart for mega lender Bank of America. The first pattern on the chart is the $43.50 level. It was a peak last June, then a low in December and January. With BAC stalling there recently, is the price zone becoming resistance again? Next, consider how the stock behaved around $50. It probed that level in January and February without breaking out. That left a potential bearish double-top reversal pattern on the chart. It also represented a failed breakout versus early-November. In that respect BAC resembles Amazon.com early this year . It also had a double top and was stalling around its 200-day simple moving average (SMA). AMZN also struggled with a difficult macro environment as sellers targeted high-multiple stocks. This time, they’re concerned about he flattening yield curve and what it could mean for banks. Finally, stochastics are back in an overbought condition. BAC reports earnings on April 14. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradingView is not affiliated with TradeStation Securities Inc. or its affiliates. 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. 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 TradeStationPublished 119
Bank of America USASun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutionsby SunstorminvestPublished 0
BAC LongDemand Zone Entry 39.4 Stop 37.8 Target 45 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account. Longby PlanTradePlanMMUpdated 2
INVEST IN BAC BANK OF AMERICAWe also notice in the analysis the appearance of a tail in the large candle, and this means buying with the break of the tops lineLongby AbdeelhakeemtraderPublished 3
Time to take partial profits from Finance and Banking stocks We posted about buying BAC stock here . Now that it has breached the resistance level, we are taking some partial profits.......by dchua1969Updated 5
Khans Intraday-Ideas 03/21/22 - 01 - BACInsideCandle on the Daily and nice AccumulationPhase. Financials lagged a bit last week. We still have a lot of open POCs above the current priceby KhanPhelanPublished 0
$BAC | WEEKLY WATCHLIST$BAC Broke downtrend last week, let's see if we can find continuation this week. 📈$43.05 | $44, $45, $46 📉$42 | $41, $40, $38Longby StonksSocietyPublished 2
$BAC CHEAP LONG$BAC has shown some ncie consolidation below its 200DMA and while this stock has a lot of resistance around its $44/45 level, I think it is a good swing if we can get a 4hr close above $43.50 to head back towards $46/47 at the short GP.Longby BrettSimbaPublished 7