$BAC #RisingWedge #CanaryInTheCoalMine
Technical Wedge pretty clean, not perfect, 7/10 lol. Triple top on the Eyes adds to to setup a bit...Will be looking at 
AAPL 
BAC Monday 7.1.24 morning for support bounces or breakdowns (could be nice day trades either way)
Bank of America = 2024 Lehman , mentioned this when the pattern was first building and it actually fake broke down then John "Wicked" back into pattern!
Digital Banking and the eventually passing of their bread n butter ie; dumb boomers that can't convert to pdfs LMFAO!, this bank is a DINOSAUR in today's finance landscape. They offer outdated products, poopy rates, poopy services, branches closing heavily since 2020. They even know it's coming. "Erica" is their hail mary, but all the "next gen" clients seem to have chosen newer banks with better interest rates on savings, invest opps, and easier tech accessibility. They also have tons of TERRIBLE COMMERCIAL REAL ESTATE which has silently crashed reality still waiting to hit...
I am waiting for the headlines to confirm thesis and buy puts... But on Radar...
AAPL BAC Monday 7.1.24 morning for support bounces or breakdowns (could be nice day trades either way) Bank of America = 2024 Lehman , mentioned this when the pattern was first building and it actually fake broke down then John "Wicked" back into pattern!
Digital Banking and the eventually passing of their bread n butter ie; dumb boomers that can't convert to pdfs LMFAO!, this bank is a DINOSAUR in today's finance landscape. They offer outdated products, poopy rates, poopy services, branches closing heavily since 2020. They even know it's coming. "Erica" is their hail mary, but all the "next gen" clients seem to have chosen newer banks with better interest rates on savings, invest opps, and easier tech accessibility. They also have tons of TERRIBLE COMMERCIAL REAL ESTATE which has silently crashed reality still waiting to hit...
I am waiting for the headlines to confirm thesis and buy puts... But on Radar...
Comentarios
Warren Buffett’s Berkshire Hathaway sells more Bank of America, has now cut stake by nearly 15%
PUBLISHED SAT, AUG 31 by CNBC
Diamond Top MidTerm? #Interesante
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