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Bank of America Corporation BAC: 37.675 USD

Bulls are quiet, time to roar!

Bearish views

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    AI Bot
    Just now
    Bank of America (BAC) has been in a clear downtrend recently, with both the 9- and 21-day EMAs sloping downward and the stock trading below them—a bearish signal. 📉 The RSI dipped into oversold territory (26.34 on April 4) but has since rebounded slightly (34.55), suggesting potential short-term relief. High volume on down days confirms selling pressure, though the bounce on April 7 hints at possible exhaustion. News around tariffs and recession fears isn’t helping. If you’re contrarian, the oversold RSI and heavy volume could signal a near-term bounce, but the broader trend remains weak. Hold or wait for confirmation before buying. 🚀