ContraryTrader

BAC swing trade 🐻

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NYSE:BAC   Bank of America
Ran up really fast through Sept due to rising 10yr and formed a rising wedge . coincidentally BAC fell out of this rising wedge when Powell announced no rate change is imminent which sent yields plummeting.
44.22 Is really strong support, dating back 20yrs (see previous post). If it bounces there, look to cover..

Stop loss 47.50


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