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stocksJun 23, 2026, 3:47 AM

BAC Hits New All-Time High Above $57.55, Elliott Wave Supports Upside

Bank of America shares surpassed the January 2026 peak at $57.55, confirming a bullish Elliott Wave sequence and signaling further upside potential.

BAC

Bank of America (BAC) has broken out to a new all-time high, eclipsing the previous peak of $57.55 set on January 5, 2026. This decisive move validates the strength of the ongoing uptrend.

According to Elliott Wave analysis, the breakout is part of an incomplete bullish sequence that began with a low in April 2025 and continued from a March 2026 base. The pattern strongly supports the case for additional gains.

Technical analysts are watching for continued momentum as the stock holds above the former resistance level, now acting as support.

Source: FXStreet Forex News