Discover and read the best of Twitter Threads about #BankofAmerica

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Analysis: #NYSE $BAC

Case 65 #BankofAmerica Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

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#BAC 1/4
After spending a decade in the doldrums Bank of America is showing healthy signs, it however remains far from it's all time high of 55.08 set in Nov. 2006.

BAC 2/4
Chart 1
Weekly Chart: Rising steadily the current objective is 43.55. The #resistance zone 47.00-50.75 is very strong but should yield by the end of 2021. Strong #support is found 23.75-20.00

BAC 3/4
Read 4 tweets
#Deutsche and other banks given “waivers” from @realDonaldTrump
Yes, #Obama did temporary waivers, making them pay for the 2008 crisis, w/#SallyYates working towards them paying penalties to the victims, working w/the U.K.‘s charges etc...NO, IT IS NOT THE SAME THING!
11/24/2015 Deutsche Bank Suisse will pay a penalty of more than $31 million.
justice.gov/opa/pr/justice…

The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates... announcement
published in the Federal Register during the #Christmas holiday week.

Trump administration waivers was granted to #Deutsche Bank — which is owed at least $130 million by Donald Trump and his business empire, and has also been fined for its role in a #Russian #moneylaundering
Read 14 tweets

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