BAC offers a good example of the value of perceiving the big picture in terms of technicals, with key pivots coming at very obvious points in the chart narrative. Right now, we may be defining an extended period pinned between $18-28, where we have long-term support and resistance, net-interest margins at razor-thin levels, and no conviction about the future.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.