Mulai
RizeSenpai

Bank of America is Shaping Up to Be Just Like PacWest

Penjualan
Bank of America (NYSE:BAC)  
RizeSenpai Diupdate   
NYSE:BAC   Bank of America
Wave Analysis Trend Analysis Harmonic Patterns banks bankofamerica ppo realestate Bearish Alternate Bat
1
0
waveanalysis trendanalysis harmonicpatterns banks bankofamerica ppo realestate bearishalternatebat
When comparing the price action between BAC and PACW, it can be seen that both stocks exhibit the same price action, which is a Rising and Broadening Structure leading into the PCZ of a Bearish Alt-Bat, which all eventually came to a halt upon getting Bearish PPO Confirmation. This led to a breaking of the 21-Month SMA before ultimately flushing down to all-time lows after months of treating the 21-Month SMA levels as resistance.

The same price action can be seen on Bank of America; it is just 1 step behind PACW at this point in time, which is the flipping of the 21-SMA into resistance. The next step would be for it to crash below the 2009 lows.
Trade aktif

Ide yang Berhubungan

RizeSenpai
Bank of America: Ascending Broadening Wedge Below S/R Zone
RizeSenpai
Royal Bank of Canada: Bearish Diamond Anticipation
RizeSenpai
Old National Bancorp: 3 Falling Peaks within a Broadening Wedge
RizeSenpai
Berkshire Hathaway: Bearish Gartley Hinting at a 40-60% Decline
RizeSenpai
HSBC: MACD Bearish Divergence with PPO Confirmation at Bat PCZ
RizeSenpai
Consumer Credit: Harmonically Set Up to Return Down To Trend
RizeSenpai
Yields Prepped to Spike Higher after a Confirmed TLT Breakdown
RizeSenpai
The Overnight Reverse Repo Facility Looks to be Bottoming Out
RizeSenpai
Barclays Bank: Descending Triangle Visible on Quarterly Chart
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.