TECH Buy 10.12.2024 08:45

Bank of America Corp.: wave analysis

Growth is possible.

On the daily chart, a downward correction ended as the second wave of the higher level 2, and the third wave 3 develops, within which the third wave of the lower level (3) of 3 forms. Now, the wave 3 of (3) is developing, the wave iii of 3 has formed, and a correction is developing as the wave iv of 3. If the assumption is correct, the asset will grow to the area of 54.00–57.00. In this scenario, critical stop loss level is 43.15.

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Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Sell
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Sell
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Sell
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Sell
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait

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