Inverse Head and Shoulders on the weekly / daily
BAC
$BAC chart.
I would probably wait for $BAC to rise above $30.5 -$31 before entering into a long position.
If $BAC sees $31 then the first target is $32, and the last target is $35 (although I find this hard to believe to be honest).
Something to consider: $WFC Wells Fargo has a Head and Shoulders pattern on weekly / daily. These two stocks appear to rise and dip at similar times due to both being banks (no shit).
Like always, open to constructive criticism.
Thanks for visiting.
BAC
$BAC chart. I would probably wait for $BAC to rise above $30.5 -$31 before entering into a long position.
If $BAC sees $31 then the first target is $32, and the last target is $35 (although I find this hard to believe to be honest).
Something to consider: $WFC Wells Fargo has a Head and Shoulders pattern on weekly / daily. These two stocks appear to rise and dip at similar times due to both being banks (no shit).
Like always, open to constructive criticism.
Thanks for visiting.
BTW my $BAC $31 calls expired worthless on Friday, lame.