I've been watching this one for a while now, so here's an update. So far BAC has been trending up since its major trend break, but I consider this uptrend to be secondary to the primary trend that was broken. I still like the short until it reclaims or breaks above the previous swing high around $44.45. You could short in this area or use the trendline for an entry.
For downside targets, we have a shorter term trendline below and then the previous swing low around $35.14. If that breaks, final target will be 2023 lows around $25.
For downside targets, we have a shorter term trendline below and then the previous swing low around $35.14. If that breaks, final target will be 2023 lows around $25.
You reap what you sow.
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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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You reap what you sow.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Penerbitan berkaitan
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.