BAC is forming Cup and Handle on D1 chart.
Now is $26.50. with this pattern BAC's target are: $27.50 and $29.00.
While the market in the correction process.
The cash flow from other Sectors that are Overbought is certainly looking for a new destination.
Banking is a good Sectors that is regaining balance when it exits the Oversold zone and keep going up slowly.
I predict BAC will hit 2 targets in the next 2 weeks, with 70% confidence level, 10% Sideway and 20% drop to $25.50 - $26.00.
Ichimoku, RSI, MACD are supporting this uptrend too.
Disclaimer!
Now is $26.50. with this pattern BAC's target are: $27.50 and $29.00.
While the market in the correction process.
The cash flow from other Sectors that are Overbought is certainly looking for a new destination.
Banking is a good Sectors that is regaining balance when it exits the Oversold zone and keep going up slowly.
I predict BAC will hit 2 targets in the next 2 weeks, with 70% confidence level, 10% Sideway and 20% drop to $25.50 - $26.00.
Ichimoku, RSI, MACD are supporting this uptrend too.
Disclaimer!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.