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Bank of America

BAC - Ascending Triangle

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Keep an eye to see if we will get a breakdown or breakout. Don’t enter too early!! Could get caught in the wrong side. Green cloud support on the right will form slowly but can turn into overhead resistance if the price moves below. Ascending triangles are normally bullish, and take a few weeks to start forming. Can easily see the formation here.
thealecbellamy
Chart PatternsTechnical IndicatorsTrend Analysis

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.
Chart PatternsTechnical IndicatorsTrend Analysis
thealecbellamy

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.