BAC 03.08.2023 LONG
Asset and Time frame -BAC DAILY
Entry Price -31.49
Exit(Stop Loss) -30.17
Exit(Take Profit) -35.53
Price bounced off the significant 38$ level after a restest, which is also the 0.382 Fibonacci level from the lows to the new high, just before that price succeeded in breaking the daily 100 MA with decent volume post earnings.
Good luck
Entry Price -31.49
Exit(Stop Loss) -30.17
Exit(Take Profit) -35.53
Price bounced off the significant 38$ level after a restest, which is also the 0.382 Fibonacci level from the lows to the new high, just before that price succeeded in breaking the daily 100 MA with decent volume post earnings.
Good luck
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.