26 September, 2018
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BAC Bank of America Corporation Charting
Buy Support Sell Resistance
Buy Low Sell High
Study chart of Bank of America Corporation stock price, picture worth a thousand words. We see a big ABCD pattern to bring the stock price to the low from 2010. The price action after hit the low at 5 dollars, rebounce up to retest the high near 18. The stock price keep testing 18 for a few times, to be exact four times before breakout. The stock price test near 26 before the stock price hit 33. Now the stock price is near 30 dollars. Trade with eyes open.
If you apply the buy hold strategy, you will be alright.
Manage your risk.
September 25, 2018 Bank of America Corporation Buy Hold Strategy
if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart.
Moses US Stock Chart Analysis
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.