Home US Stock Market BAC stock price forecast – BANK OF AMERICA CORPORATION – Updated March...

BAC stock price forecast – BANK OF AMERICA CORPORATION – Updated March 8, 2023

578
0
BAC stock price forecast - BANK OF AMERICA CORPORATION - stock-usa.com
BAC stock price forecast - BANK OF AMERICA CORPORATION - stock-usa.com
Click to rate this post!
[Total: 0 Average: 0]
BAC stock price forecast - BANK OF AMERICA CORPORATION - stock-usa.com
BAC stock price forecast – BANK OF AMERICA CORPORATION – stock-usa.com

Thet stock price of BANK OF AMERICA CORPORATION (BAC) today is at $33. According to technical analysis, the BAC stock price is still in a long-term downtrend. Based on the 1D chart, the price has decreased after recovering to $38.6. Traders may anticipate a dump down to a strong support level around $27.5.

Trading idea: Traders can open a short position at the current price, with a stop loss if the price closes above $36 and take profit at $27.5. Risk/reward ratio: 1.7.