Bank of America

Bank of America Corp (BAC - NYSE) - ABC wave pattern

261
Bank of America Corp (BAC - NYSE) is in B wave, which starts from today upside against A five wave down as correction. After that C wave will be next down cycle. In weekly time frame it’s completed ABC wave cycle from 2009 low and now it is in correction. It is a weaker banking stock of NYSE, which is under-performing SPX. It is not confirmed that corrective WXY wave up is over. So wait for confirmation to trade bigger C wave cycle down.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.