Bank of America
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BAC Trend Break Update

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I've been watching this one for a while now, so here's an update. So far BAC has been trending up since its major trend break, but I consider this uptrend to be secondary to the primary trend that was broken. I still like the short until it reclaims or breaks above the previous swing high around $44.45. You could short in this area or use the trendline for an entry.

For downside targets, we have a shorter term trendline below and then the previous swing low around $35.14. If that breaks, final target will be 2023 lows around $25.

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