Hello Traders,
I have decided to expand my technical analysis to stocks and take a much longer outlook in the stock market. These charts would be great for a long term investor.
As of 01-17-217 I expect this stock to visit the 10.99 level defined to complete the Geo' it has created in within the skinny blue lines. I have also defined an engulfing (and potential) Geo' that I expect to come to fruition with the current price action.
The dashed arrows are there to act as a guide for what will happen to price as we move forward with this stock.
Although it may take several year, I expect BAC to hit its highest possible target of 65.28.
More updates to come along as this continues to develop.
Best,
Chartistry
I have decided to expand my technical analysis to stocks and take a much longer outlook in the stock market. These charts would be great for a long term investor.
As of 01-17-217 I expect this stock to visit the 10.99 level defined to complete the Geo' it has created in within the skinny blue lines. I have also defined an engulfing (and potential) Geo' that I expect to come to fruition with the current price action.
The dashed arrows are there to act as a guide for what will happen to price as we move forward with this stock.
Although it may take several year, I expect BAC to hit its highest possible target of 65.28.
More updates to come along as this continues to develop.
Best,
Chartistry
