Bull Signal Flashing for Bank Stock

Major financial institution Bank of America Corp (NYSE:BAC) reported earnings last week and the shares bottomed out following the results, falling 3.5% the day of the quarterly report and testing their 100-day moving average. Fast forward to today, and BAC is up 1.6% to trade at $38.35, pacing for a sixth-straight win, filling that pos-earnings bear gap, and trading at its highest mark since November 2022. Better yet, a "buy" signal is flashing that could keep the wind at the equity's back.  BAC's Schaeffer ...