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.
Indicators
Overall recommendation Buy
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy