wishclub21

BAC novice analysis

NYSE:BAC   Bank of America
hi folx this one is my first attempt trying to master Elliott waves, i first did a full scan since the early 90s to 2020, afterwards did a 10yr and to make it short I end up with this one which is the last month performance in the stock markets, to be honest it makes sense economy is about to bounce back according to the news, which might be causing speculators to move assets in and out the stock, on top of it millions of people have been receiving the stimulus check as a direct deposit to their bank accounts spiking up the amount of money available to spend in some cases, in some others enough to cover the credit payments, small businesses must be praying and begging to get loans from banks to keep going until the pandemic is over... any recommendations or commentaries are welcome.... thank you !!! and god bless you all
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