The PEAD projected a bearish outlook for NYSE:BAC after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 42.86%.

- Bank of America reversed from resistance zone - Likely to fall to support level 49.00 Bank of America recently reversed from the resistance area between the key resistance level 52.65 (which stopped the sharp uptrend in September) and the upper daily Bollinger Band. The downward reversal from resistance zone created the daily Japanese candlesticks reversal pattern Bearish Engulfing. Given the strength of the resistance level 52.65 and the bearish divergence on the daily Stochastic, Bank of America can be expected to fall to the next strong support level 49.00 (former double top from July).

BAC Completed a Cup and Handle Model - Get Ready for a Bounce The cup and handle pattern is a bullish continuation pattern. The BAC weekly chart displays a large, rounded bottom that formed over several years, indicating long-term accumulation. After breaking above the key resistance around $45.50–$47.00, the price pulled back to retest this zone, which is now acting as strong support. BAC broke out in a solid way the top created on December 2021 thus indicating for signs of a stronger bullish momentum. As long as the BAC price stays above this area, the trend remains bullish, with potential upside targets near $54.50, $60, and $65. Support zone: $45.50 – $47.00 Targets: $54.50 $60.00 $65.00 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️

BAC Completed a Cup and Handle Model - Get Ready for a Bounce The cup and handle pattern is a bullish continuation pattern. The BAC weekly chart displays a large, rounded bottom that formed over several years, indicating long-term accumulation. After breaking above the key resistance around $45.50–$47.00, the price pulled back to retest this zone, which is now acting as strong support. BAC broke out in a solid way the top created on December 2021 thus indicating for signs of a stronger bullish momentum. As long as the BAC price stays above this area, the trend remains bullish, with potential upside targets near $54.50, $60, and $65. Support zone: $45.50 – $47.00 Targets: $54.50 $60.00 $65.00 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️

Bank Stocks Are Living a Lie: The 2008 Lessons Are Already Forgotten! The insane rally in bank stocks makes zero sense. Fundamentals are weak, balance sheets are fragile, and leverage is back in full force ... yet prices soar like it’s a golden era. Have we learned nothing from 2008? The illusion of stability will vanish the moment liquidity dries up. Banks aren’t safe ... they’re just dancing on a ticking bomb. 💣💸

🔥 BAC “Bank of America” – Thief Wealth Strategy Map (Swing/Day Trade) 💼📉➡️📈 📊 Plan: Bearish to Bullish Reversal Setup Entry: You can enter at any price level (flexible strategy 🕶️). Stop Loss (SL): Thief-style SL @ 48.50 🛑💔 ⚠️ Dear Ladies & Gentlemen (Thief OG’s), I’m not recommending to use only my SL. It’s your choice. Manage your risk like a boss and protect your bag. Target (TP): Strong resistance + overbought trap zone 🚧 — escape with profits @ 54.00 🎯💸 ⚠️ Dear Ladies & Gentlemen (Thief OG’s), I’m not recommending to use only my TP. Take money when you see money — at your own risk. 🧩 Key Thief Notes: Market psychology points to a bearish shakeout ➡ bullish trap escape move. BAC is currently in a range between demand & supply zones — liquidity hunting zone 🎯. Overbought conditions may trigger profit-taking → watch carefully for reversal signals. 🔗 Related Assets to Watch (Correlation Play): NYSE:JPM (JPMorgan Chase) – strong sector leader, moves often lead BAC. $C (Citigroup) – tracks similar banking flows. AMEX:XLF (Financial Select Sector ETF) – index-level financial exposure. AMEX:SPY (S&P 500 ETF) – overall risk sentiment affects banking stocks heavily. TVC:DXY (US Dollar Index) – stronger USD can weigh on financial stocks. TVC:TNX (US 10Y Yield) – bond yields = big driver for bank profitability. 📌 Tip: Watch AMEX:XLF & TVC:TNX closely. Rising yields = positive for banks, while falling yields can slow momentum. ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” ⚠️ Disclaimer: This is a Thief-style trading strategy, shared just for fun & educational vibes. Not financial advice. Trade at your own risk. #BAC #BankofAmerica #StockMarket #SwingTrade #DayTrade #XLF #JPM #C #SPY #FinancialSector #ThiefTrader #Stocks

Bank of America (BAC) has staged a powerful multi-month rally, pushing into major resistance zones. While the broader financial sector has benefited from higher yields, resilient credit demand, and risk-on sentiment, BAC now finds itself approaching a heavy confluence of trendline resistances drawn from long-term historical levels. This setup creates an asymmetric risk/reward opportunity on the short side. Recession Risk & Economic Weakness Many macro forecasts suggest an elevated probability of a recession or slowdown in 2025-2026. The ABA Economic Advisory Committee sees ~30 % recession risk, with consumer spending and capital expenditures vulnerable - " American Bankers Association" Rising tariffs, fiscal headwinds, or a prolonged Fed pause could erode growth, weaken loan demand, and increase defaults. - "American Bankers Association" Inflation remains sticky, limiting how aggressively the Fed might cut rates, which raises the risk of policy missteps and financial stress. - "American Bankers Association" Interest Rate & Net Interest Margin Pressure Bank of America, like other large banks, has benefited from wide net interest margins (NIM) during periods of higher short-term rates. But deposit costs remain sticky, and if rate cuts arrive (or a yield curve flattens or inverts), margin compression is a real headwind. - Seeking Alpha - Deloitte United Kingdom Rising funding costs and competition for deposits make sustaining high margins difficult, especially if the Fed pivots or liquidity tightens. Deloitte United Kingdom Technical Setup Confluence of Resistance Lines Multiple long-term ascending channels and diagonal resistances converge in the $53.90 – $57.30 range (highlighted with red arrows on your chart).These overlapping resistances increase the likelihood of rejection and a corrective move lower. Overextended Rally The stock has moved aggressively higher, breaking through its prior resistance near $51.40. However, momentum is now extended, and the move into stacked resistance levels sets up an exhaustion zone. Key Levels Initial Add Zone: $53.90 – first layer of resistance. Second Add Zone: $56.04 – midpoint resistance within the cluster. Final Add Zone: $57.30 – upper channel resistance. Downside Targets: First target: $51.40 (backtest of breakout level). Second target: $48.50 (mid-range support). Extended target: $45.00 (major support from prior consolidation). Trade Idea: Scaling Strategy: Instead of taking a full position upfront, scale into the short gradually as BAC taps into each resistance level. Start with a starter position near $53.90. Add more size at $56.04. Complete full size at $57.30 if tagged. Rationale: This method reduces risk if BAC pushes slightly higher before rolling over, while maximizing exposure if the confluence zone proves to be the reversal point. Disclaimer: Not Financial Advice All content shared in this Discord server — including trade callouts, charts, analysis, discussions, and educational material — is for informational and educational purposes only. We are not financial advisors. Nothing shared here should be interpreted as personalized investment advice, financial guidance, or a recommendation to buy or sell any security. Please consult with a licensed financial advisor before making any trading or investment decision.

VCP pattern again, waiting for good Volume to confirm. Let's see!

After a push to new highs we printed a bearish Spinning Top at the $50 level last week. A pause in momentum - or the end of the run? (I think probably the former.)

📈 BAC Technical Outlook – Rising Wedge Nearing Apex Ticker: BAC (Bank of America) Timeframe: 30-minute candles 🔍 Current Setup BAC is trading inside a rising wedge pattern, defined by converging upward-sloping support and resistance lines. Rising wedges are typically bearish reversal patterns, especially when formed after a strong rally — but they can also resolve higher if buyers overwhelm supply. Currently, BAC is pressing against upper wedge resistance (~48.40–48.60), while support lies near 47.70. 📊 Breakout Levels 🚀 Upside (Bullish Scenario) Trigger: Break and close above 48.60 with strong volume. Intermediate Targets: 49.00 → Top of wedge projection. 49.50–50.00 → Round number psychological level. Measured Move Target: ~50.50 (based on wedge height of ~2 points). 🔻 Downside (Bearish Scenario) Trigger: Break below 47.70 (lower wedge support). Intermediate Supports: 47.20–47.00 → Recent pivot low. 46.50 → Next demand zone. Measured Move Target: ~45.50 (equal to wedge height projection). 📈 Volume Analysis The surge in volume on recent candles suggests institutional participation. If volume confirms on a downside break, the wedge could play out in textbook fashion with sellers pushing BAC back toward 46–45.50. Conversely, a breakout above 48.60 with sustained volume could invalidate the bearish wedge bias and extend the rally. ⚖️ Probability Bias Rising wedges generally favor bearish outcomes, but BAC’s strong trend and recent volume spikes suggest bulls remain active. The key decision zone is 48.60 on the upside vs 47.70 on the downside. Whichever side breaks first will likely see momentum acceleration. ✅ Takeaway BAC is at a critical inflection point inside a rising wedge: Bullish Break > 48.60: Targets 49 → 50 → 50.50 Bearish Break < 47.70: Targets 47 → 46.50 → 45.50 Traders should watch volume closely — it will confirm the wedge’s true direction.