Bank of America (BAC) Sell trade
Based on understanding that current pull back is not just a correction but start of a bear move. This will be confirmed by a broader sell-off in the parent and similar indexes. Bear move initialised by rebound off the 50% fib and targets the 124% fib before the $11 round number further out.
summary: 1st target $13.51 - 2nd target $11
My first idea here on Trading-view so questions and comments are welcomed.
summary: 1st target $13.51 - 2nd target $11
My first idea here on Trading-view so questions and comments are welcomed.
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