TECH Buy 29.09.2026 07:51
Bank of America Corp.: wave analysis
The probability of growth remains.
On the daily chart, the third wave of the higher degree (3) of 3 is forming, within which the first wave 1 of (3) and a correction as the second wave 2 of (3) have completed, and the third wave 3 of (3) is developing. Currently, the third wave iii of 3 and a correction as the fourth wave iv of 3 have ended. If the assumption is correct, Bank of America Corp. shares will rise to the area of 70.00–75.00. The critical stop-loss level for this scenario is 49.25.
Indicators
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Sell