BANK OF AMERICA: WEEKLY SCENARIO – 10 February 2022

BANK OF AMERICA: WEEKLY SCENARIO – 10 February 2022

BANK OF AMERICA

BANK OF AMERICA Technical Analysis: Weekly Chart

BANK OF AMERICA

In the weekly charts, BANK OF AMERICA is trading in an up channel.

It is trading above all SMA.

The immediate support is 48.61 & the resistance level is at 50.00.

BANK OF AMERICA is trading in the up channel until there is a trend reversal

BANK OF AMERICA Technical Analysis: Daily Chart

BANK OF AMERICA

In the daily charts, BANK OF AMERICA is trading in an up channel.

It is trading above all SMA.

The immediate support is 48.66 & the resistance level is 50.00.

BANK OF AMERICA is trading in the up channel until there is a trend reversal.  

How to Trade BANK OF AMERICA this Week:

BANK OF AMERICA will follow the uptrend until their trend reversal. So, remain bullish on BANK OF AMERICA

TRADE SUGGESTION- BUY AT 49.27, TAKE PROFIT AT 50.00 AND STOP-LOSS AT 48.66

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