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FUND Buy 08.06.2021 11:53

Bank of America Corp.: general review

The stocks of Bank of America Corp. are trading at a 52-week high, up more than 10.5% since early May. Since the beginning of the year, the company's shares have grown by 42%. Over the past week, the issuer grew by 1.72%, while the S&P 500 added 0.38%.


TECH Buy 01.06.2021 07:43

Bank of America Corp.: wave analysis

The price may grow.

On the daily chart, the third wave of the higher level (3) forms, within which the wave 3 of (3) developed. Now, a local correction has formed as the fourth wave 4 of (3), and the wave 5 of (3) is developing. If the assumption is correct, the price will grow to the levels of 47.00–50.00. In this scenario, critical stop loss level is 39.93.