$BAC
Added 2023-12-19 19:51:32 +0000 UTC$BAC has probably been one of my favourite charts of the year, just because of all the turmoil surrounding the financial sector: regional banks collapsing, high inflation, high yields, inflation coming down and rates coming down.....but this chart was absolutely spot on since we started charting in since March (chart attached), in spite of all this uncertainty.
We said all year it would bounce once it hit $24, it did that and is now up 35%.
With a 2.87% dividend too.
I would not be chasing here either, wait for a pull back before buying.
The 200 Day MA at $29 here would be a very attractive buying level if you can get a pull back to here.
