Solid News
Bank of America Corp., Elliot Wave Analysis
1/10/2023 10:09 AMA fall is possible.
On the daily chart, the first wave of the higher level 1 formed, and a downward correction develops as the second wave 2, within which the wave (А) of 2 formed, and a local correction ended as the wave (B) of 2. Now, the wave (C) of 2 is developing, within which the first wave of the lower level 1 of (C) has formed, and a local correction is ending to develop as the wave 2 of (C). If the assumption is correct, the price of the asset will fall to the area of 26.32–20.82. In this scenario, critical stop loss level is 38.62.
Solid ECN Securities and it affiliates don't accept applications from Indonesia, Egypt, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, South Sudan and other restricted countries.
Copyright All Right Reserved 2023 SolidECN.com