TECH Buy 11.11.2025 09:00
Bank of America Corp.: wave analysis
Growth is possible.
On the daily chart, the third wave of the highest level 3 develops, within which the first entry wave of the lowest level (1) of 3 and the correctional second wave (2) of 3 ended, and the wave (3) of 3 forms. Now, the wave 3 of (3) and the third wave of the lowest level iii of 3 are forming. If the assumption is correct, the asset will grow to the area of 56.50–60.00. In this scenario, the critical stop loss level is 51.40.
Indicators
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Active Sell
Overall recommendation Wait
Overall recommendation Wait