BAC: Triple Bearish Divergence at Rising SupportBank of America CorpNYSE:BACNexusChartToolsBank of America remains inside a broad ascending channel, but momentum is beginning to show signs of exhaustion. Price continues to push higher while volume, RSI, and stochastics are all showing bearish divergence. RSI and stochastics are also elevated, adding to the case for watching for a potential pullback. Short setup I am not shorting simply because divergence is present. Price structure still needs to confirm. My preferred trigger would be: A daily break below the rising red support trendline Followed ideally by a failed retest of that line from underneath If that occurs, the primary downside target would be the lower boundary of the larger ascending channel. Alternate entry If BAC continues higher first, I would watch the upper resistance confluence for a possible rejection and secondary short opportunity. Invalidation A sustained breakout and close above the upper resistance confluence would invalidate the bearish thesis and favor continued upside within the broader channel. Current read The larger trend remains bullish, but the combination of bearish volume, RSI, and stochastic divergence suggests the advance may be losing momentum. The trade is therefore conditional: wait for price structure to break before acting on the divergences.