BAC BUY/LONG 43++ to 50++ AUG2021

TICKER CODE: BAC
Company Name: BANK OF AMERICA CORPORATION
Industry: US Stocks Finance Major Banks

Position Proposed: NOW READY 39.86

Entry:
1st Partial Take Profit: 43.00-43.45 (JUL21)
2nd Partial Take Profit: 49.60-50.04 (AUG21)
NEXT BUY ENTRY: 33.02

Stop Loss: 31.95

Technical Analysis
1. Broke through EMA
2. Ascending Wedge (Partially completed)
3. RSI Oversold
4. Area of Confluence
5. Fibonacci Retracement near 0.618 and at next market structure