$BAC - Bank of America - Bullish Move

20 apr 2022BAC - Long this stock - 3 indicators confirm the bull trend

1. The Hiekin Ashi candles have indicated a Bullish Move. The bear trend stopped with a large green candle on the Hiekin Ashi chart.
2. The candles have bounced off a common resistance area. Previous areas have shown resistance.
3. The RSI is indicating it has been oversold. Every time this stock has oversold there is a reversal.
4. The Q1 Earnings show great potential for this stock to grow.

Targets - Long the stock
Buy @ 39.57
Sell @ 43.79
Stop Loss @ 38

20 apr 2022

Commento

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Many Thanks
Matt