BofA lowered their PT today to $26, so lets see where they plucked this level from
I have added a blue horizontal line at $26 and to their defence, the blue line was a support line between mid 2022 to mid 2023 and held support here with a number of tests before moving higher to complete Wave 3 at $72
So they expect this level to hold again
A buy zone between $26 - $22 would be adequate here.
DK
2024-09-28 16:47:13 +0000 UTC