BANC OF AMERICA CORPORATION (BAC)
Monthly: Principal down trend from 11/01/2006 to 09/02/2009
Weekly: Secundary up trend
Daily: Start with a down trend since 2/20/2020 (Coronavirus Crisis)
and reversed to an up trend on the 03/23
4H: Fibonacci, have arrived to the 0%level concurring with the Monthly resistance
After having reached the 0% ,the price is going back to level 61,80% again
SHORTS
Weekly: Secundary up trend
Daily: Start with a down trend since 2/20/2020 (Coronavirus Crisis)
and reversed to an up trend on the 03/23
4H: Fibonacci, have arrived to the 0%level concurring with the Monthly resistance
After having reached the 0% ,the price is going back to level 61,80% again
SHORTS
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