Bank of America Corporation (BAC) grew through Covid as must banks did.
After an impulse comes a correction.
- The bullish wave is shown here as an EW 12345 Impulse.
- Long-term EW ABC correction now taking place.
POTENTIAL TARGET/SUPPORT ZONE
The low can be set at 23-35.
At or below the 0.786 Fib. retracement level for the previous bullish wave.
CONDITIONS FOR CHANGE
Closing above 38.6 changes the chart bias.
It changes from bearish to bullish potential.
After the correction its over it tends to reverse.
Namaste.
After an impulse comes a correction.
- The bullish wave is shown here as an EW 12345 Impulse.
- Long-term EW ABC correction now taking place.
POTENTIAL TARGET/SUPPORT ZONE
The low can be set at 23-35.
At or below the 0.786 Fib. retracement level for the previous bullish wave.
CONDITIONS FOR CHANGE
Closing above 38.6 changes the chart bias.
It changes from bearish to bullish potential.
After the correction its over it tends to reverse.
Namaste.
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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.
🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
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.