TECH Buy 26.05.2026 07:47
Bank of America Corp.: wave analysis
The probability of growth remains.
On the daily timeframe, wave 3 of senior degree (3) of 3 is currently unfolding, while wave 1 of (3) and a corrective phase have already formed as wave 2 of (3). At present, wave 3 of (3) is forming. On the 4-hour timeframe, the development of the initial impulse wave i of 3 of junior degree is underway, within which the local corrective phase as wave (iv) of i has already been completed, and wave (v) of i is currently unfolding. If this scenario proves correct, the asset’s upward trend is expected to continue toward the 57.60–65.00 zone, with a critical stop-loss level at 49.20.
Indicators
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Wait