TradingView
Aditya_Ravishankar
Sep 15, 2023 1:47 PM

Bank of America looks good for a Long-term investment Long

Bank of America CorporationNYSE

Description

It looks like it needs to fill an imbalance between the 24-26 range. That looks like a good entry point for a long term (2-3 years) horizon.
Stop loss around 23-ish.
Comments
Xyz102sam
What’s your target ?
Aditya_Ravishankar
@Sunny102s I didn't really think of a fixed target really, but the previous ranges you see in the chart maybe can be considered, like around 37-39 there's a zone of interest, you could place T1 there maybe? If that range sustains and works as support in the future, it should go beyond 48. This is to be looked at from a long term perspective of atleast 2-3 years imo.
Also please do your own research as well before investing!
Xyz102sam
@Aditya_Ravishankar makes sense. I had the similar targets. Will exit around 36 levels and wait for it to sustain around the same levels for the target 50+
More