I have 2 things outlined in this chart.
1. Horizontal resistance (Purple line) dating back to 1997 at 44.22
2. 3yr long Bearish rising wedge (Yellow line)
Currently BAC is knocking at the door of both resistance. A rejection Here and a fall out outside the wedge could send BAC back to 33$
1. Horizontal resistance (Purple line) dating back to 1997 at 44.22
2. 3yr long Bearish rising wedge (Yellow line)
Currently BAC is knocking at the door of both resistance. A rejection Here and a fall out outside the wedge could send BAC back to 33$
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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.