Bank of America Overpriced For Many Reasons

Bank of America Overpriced For Many Reasons






The US dollar is the worst performing G10 currency this year, down 8% versus its major peers. But it’s still expensive relative to its history, according to Bank of America Merrill Lynch. The currency remains overvalued by about 10 percent compared with its long-term equilibrium and about 12 percent above its 20-year average in real effective term. The […]






Bank of America Corp (NYSE:BAC) HEFFX Outlook (18/4/17)

Bank of America Corp (NYSE:BAC) HEFFX Outlook (18/4/17)






Bank of America Corp (NYSE:BAC) HEFFX Outlook (18/4/17) Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 23.09. The projected upper bound is: 24.07. The projected lower […]






Bank of America (NYSE:BAC) Trending Upwards

Bank of America (NYSE:BAC) Trending Upwards






Bank of America (NYSE:BAC) Trending Upwards Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 16.83. The projected lower bound is: 15.68. The projected closing price is: 16.25. Candlesticks A white body […]






Bank of America (NYSE:BAC) Trending Upwards

Bank of America (NYSE:BAC) Trending Upwards






Bank of America (NYSE:BAC) Trending Upwards Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 16.72. The projected lower bound is: 15.57. The projected closing price is: 16.14. Candlesticks A white body […]






Bank of America (NYSE:BAC) Heffx Technical Analysis

Bank of America (NYSE:BAC) Heffx Technical Analysis






Bank of America (NYSE:BAC) Heffx Technical Analysis Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 15.71. The projected lower bound is: 14.64. The projected closing price is: 15.18. Candlesticks A big black candle occurred. This is bearish, as prices closed significantly […]






Bank of America (NYSE:BAC) Trending Upwards

Bank of America (NYSE:BAC) Trending Upwards






Bank of America (NYSE:BAC) Trending Upwards Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 15.93. The projected lower bound is: 14.88. The projected closing price is: 15.40. Candlesticks A white body occurred (because prices closed higher than they opened). During the […]






Bank of America (NYSE:BAC) Heffx Technical Analysis

Bank of America (NYSE:BAC) Heffx Technical Analysis






Bank of America (NYSE:BAC) Heffx Technical Analysis Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 15.67. The projected lower bound is: 14.57. The projected closing price is: 15.12. Candlesticks A big black candle occurred. This is bearish, as prices closed significantly […]






Bank of America (NYSE:BAC) Technical Analysis with Candlesticks

Bank of America (NYSE:BAC) Technical Analysis with Candlesticks






Bank of America (NYSE:BAC) Technical Analysis with Candlesticks Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 15.81. The projected lower bound is: 15.39. The projected closing price is: 15.60. Candlesticks During the past 10 bars, there have been 3 white candles […]






Bank of America (NYSE:BAC) Prices are Trending Upwards

Bank of America (NYSE:BAC) Prices are Trending Upwards






Bank of America (NYSE:BAC) Prices are Trending Upwards Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 16.18. The projected lower bound is: 15.11. The projected closing price is: 15.65. Candlesticks A […]






Bank of America (NYSE:BAC) Extraordinary Price Action to the Upside

Bank of America (NYSE:BAC) Extraordinary Price Action to the Upside






Bank of America (NYSE:BAC) Extraordinary Price Action to the Upside Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 15.09. The projected upper bound is: 16.25. The […]






Bank of America (NYSE:BAC) Stay Long

Bank of America (NYSE:BAC) Stay Long






Bank of America (NYSE:BAC) Stay Long Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 15.08. The projected upper bound is: 16.22. The projected lower bound is: […]






Bank of America (NYSE:BAC) Stay Long

Bank of America (NYSE:BAC) Stay Long






Bank of America (NYSE:BAC) Stay Long Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 15.04. The projected upper bound is: 16.51. The projected lower bound is: […]






Financial Markets “Waking Up” to a Trump Presidency

Financial Markets “Waking Up” to a Trump Presidency






Financial Markets “Waking Up” to a Trump Presidency $BAC The US financial markets are just now “waking up” to the possibility of a Donald Trump Presidency in the wake of Hillary Clinton’s numerous health problem’s and tightening polls, that according to Bank of America Merrill Lynch (NYSE:BAC) Head of Global Rates and Currencies Research David […]






Bank of America (NYSE:BAC) Possible Bearish Divergence

Bank of America (NYSE:BAC) Possible Bearish Divergence






Bank of America (NYSE:BAC) Possible Bearish Divergence Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 15.04. The projected upper bound is: 16.34. The projected lower bound […]






Bank of America (NYSE:BAC) Heffx Outlook

Bank of America (NYSE:BAC) Heffx Outlook






Bank of America (NYSE:BAC) Heffx Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 14.21. The projected upper bound is: 15.82. The projected lower bound is: […]