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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
Chart 2
Weekly Chart: The #Strategy is printed on the image.

$BAC 4/4
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