CheelooTrader

BAC - Good reversal candidate for 2024

Largo
CheelooTrader Actualizado   
BATS:BAC   Bank of America

  • Month price tagging 200EMA with a falling wedge set up. Volume above 28 is needed to confirm the hold and further breakout.
  • Risk/Reward is good here only for LT passive accounts. Still needs more work for this to work as a good trade.
  • Flag on daily should atleast test the trendline around 30.
  • No position yet.
Operación activa:
Playing as scripted. Now backtesting 200EMA. Next move is going to be bigger. Will build a position soon with 28 as the stop loss now.
Operación activa:
Real action will happen in the next cycle. Check out monthly chart.
Operación activa:
Keep this in your retirement portfolio. Look at the quarterly chart

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.