TECH Buy 30.04.2024 08:47
Bank of America Corp.: wave analysis
The price may grow.
On the daily chart, a downward correction ended as the second wave of the higher level 2, within which the wave (C) of 2 formed, and the third wave 3 started. Now, the third wave of the lower level 3 of (1) of 3 is developing, within which the wave v of 3 of (1) is forming. If the assumption is correct, the asset will grow to the levels of 40.00–41.00. In this scenario, critical stop loss level is 36.00.
Indicators
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Active Sell
Overall recommendation Wait
Overall recommendation Buy
Overall recommendation Buy