Bank of America - - BAC - - HITS A MAJOR TARGET

14 Jul 2021

I Show a long drawn from the low in 2009 to a high at $35.72, and a resulting pullback to a Measured Move 50% line.

That GREEN LINE, way up there which was just struck at $43.55, is a TARGET LINE. Price action tells us that we are in a pullback. The next Measured Move, however, is HARD to draw up and predict.

Ask me if you want training on this.

DJ