
[Options Premium] America!
11 months ago
1 MIN READ
Specifically, the Bank of…
My analysts are bullish on Bank of America $BAC and for good reason:
Bank of America is on the verge of breaking out of a bearish-to-bullish reversal pattern.
As you can see in the lower pane, BAC recently resolved higher from a similar basing formation versus the broader market.
We like it long only if it is above 38.50 with a 2-4 months target of 50.
Options premiums are cheap, so lets keep it simple.
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