BAC can make a bigger move to the upside

BAC is in uptrend, coming from a wedge breakout and has just broken + retested the H4 SMA near its confluence zone. MACD is signaling a buy setup with a smooth divergence. The asset is not overbought and has a value in the longer run. Nice R/R with 2,6:1. In case of further bull mood in the markets it can reach the daily 200 SMA + strong supply zone.