Bank of America, showing strength and growth...

BANK OF AMERICA (BAC) is showing signs of net buying / accumulation at the current levels -- conveying anticipation of the April 18 earnings results. The last December 2022 results beat expectations -- and it looks like the confidence will be the same for this season.

SEEDED L at 27.5

TAYOR.

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Here are some fundamental data last quarter 2022:

DECEMBER 2022 (DATA)
EPS (USD)
Expected
0.77
Reported
0.85
Surprise
10.71%


Revenue (USD)
Expected
24.22B
Reported
24.53B
Surprise
1.28%

Trade active:

We got a good initial upside on BAC. More to go.

Comment:

Numbers are IN!
March 2023 1Q RESULTS:

EPS (USD)
Expected
0.82
Reported
0.94
Surprise
14.60%

Revenue (USD)
Expected
25.22B
Reported
26.26B
Surprise
4.11%

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no where but up for BAC.

Trade active:

Accumulation is still ON. Significant Upside still in play.

Comment:

MACRO VIEW : MONTHLY DATA - Accumulation is definitely ON for BAC.

KEY NOTES:
MONTHLY PRICE shifting significantly.
7-month Major order block support bounce.
Surging net volume.