Continues to feel the pressure of high interest rates and is at $26.70 right now....the March low is at $26.30....so the market feels that the pressure $BAC is on now is the equivalent of the pressure being felt when regional banks were collapsing in March of this year.
Our chart here has been spot and I see more of a decline ahead, my $24.50 target has not changed and I would be interested in adding here if we can see $BAC this low.
3.5% Dividend payment here too.
jason chan
2023-10-02 22:19:48 +0000 UTC