TECH Buy 21.07.2026 07:29

Bank of America Corp.: wave analysis

The probability of growth remains.

On the daily timeframe, the third wave of the higher-degree wave structure (3) of 3 is currently unfolding: wave 1 of (3) and its subsequent correction have already completed, forming wave 2 of (3), and the market is now developing wave 3 of (3). On the four-hour chart, the first wave of the lower degree, i of 3, has formed, the local correction as wave ii of 3 has been completed, and the development of wave iii of 3 is continuing. If this scenario proves correct, the asset’s upward trend is expected to continue toward the 73.00–80.0 zone, with a critical stop loss at 58.25.

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Indicators

MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy

Market sentiment

100% sell
0% buy