On this technical weblog, we’ll take a look at the previous efficiency of the 1-hour Elliott Wave Charts of Financial institution of America ticker image: BAC. We offered to members on the elliottwave-forecast. Through which, the rally from 10 October 2025 low is unfolding as an impulse construction. Displaying the next excessive sequence with a bullish stamp favored extra upside extension to happen. Subsequently, we suggested members to not promote the inventory. However purchase the dips in 3, 7, or 11 swings on the blue field areas. We’ll clarify the construction & forecast under:
BAC 1-Hour Elliott Wave Chart From 12.18.2025
Right here’s the 1-hour Elliott wave chart from the 12.18.2025 Noon replace. Through which, the cycle from the 21 November 2025 low resulted in wave ((i)) at $56.07 excessive. Down from there, the inventory made a pullback in a wave ((ii)) correction. The internals of that pullback unfolded as double three construction. Whereas small wave (w) ended at $54.69 low. Wave (x) bounce ended at $55.57 excessive and wave (y) managed to achieve the blue field space at $54.17- $53.31. From there, consumers have been anticipated to look on the lookout for the following leg increased ideally or do a 3 wave bounce minimal.
BAC Newest 1-Hour Elliott Wave Chart From 12.23.2025
That is the newest 1-hour Elliott wave Chart from the 12.23.2025 Submit-Market replace. Through which the BAC is exhibiting a response increased going down, proper after ending the double correction inside the blue field space. Allowed members to create a risk-free place shortly after taking the lengthy place on the blue field space. Since then the inventory made a brand new highs as soon as once more confirming the following leg increased in the direction of $59.16- $60.43 goal space earlier than revenue taking & subsequent pullback takes place.
Supply: https://elliottwave-forecast.com/bluebox-wins/bac-ignites-higher-textbook-reaction/