Bank of America recently broke resistance area lying between the key resistance level 24,00 (top of the pervious correction (ii) from March) coinciding with the 50% Fibonacci retracement of the previous downward impulse A .
The breakout of the resistance level 24.00 should accelerate the active short-term impulse wave (i).
Bank of America is likely to rise further toward the next strong resistance level 26.00 (former multi-month low from August of 2019 and the forecast price for the termination of the active impulse wave (i)).
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