Rising triangle and possible future breakout

1 May 2020

BAC forming a triangle. I've been waiting for a good entry for about a week. $22.66 has also been an important line of support in the past. The reward is not super high, but neither is the risk. I'm going to enter now with a stop-loss at $22.45, which is about 2%. I'm hoping to sell some at $25.3 and then either wait for a breakout or buy into the retracement.

Fundamentals look good too. Analysts say that BAC is either buy or hold.

4 May 2020

İşlem aktif

Increasing risk to 2.5%

6 May 2020

İşlem elle kapatılmış

I decided to stop here since the trade didn't look like it was going anywhere