The S&P 500 could surge 8% on strong seasonality and a bullish technical pattern, BofA says

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 17, 2020.
Lucas Jackson/ReutersThe stock market could continue its uptrend and surge 8%, Bank of America said in a note on Tuesday.The bank pointed to strong seasonality and a developing cup and handle pattern that generates a 4,270 price target on the S&P 500. "Seasonality shines in April, which is the strongest month of the November to April period and is up 66% of the time," B