Intraday Technical Analysis Of Bank Of America Corp.
Image Source: Unsplash
Today’s instrument is the Bank of America Corp. traded in the NYSE exchange under the ticker BAC.
Looking at the BAC‘s chart, we can see it was lastly traded at around $33.85.
Bank of America is announcing its quarterly earnings this week, and if the market’s anticipation is positive then we should expect its price to test its resistance level at around $35 otherwise it could approach its support level at around $32.50.
(Click on image to enlarge)
More By This Author:
Daily Technical Analysis Of GBPUSD – Monday, Jan. 9
Intraday Technical Analysis Of JPMorgan Chase & Co.
Daily Technical Analysis Of USDJPY - Thursday, Jan. 5
Disclaimer: Trading is risky. Information presented herein, is not to be constructed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any particular ...
more
Comments
