BA, buy the dip candidate, but still choppy futures ahead.
after breaking out monthly descending wedge and hitting $265 high, we are now at the 200MA around $160.
stock will likely chop in the highlighted triangle.
very choppy from 160-190.
still choppy from 194-265.
it is at the buy the dip zone. it is now at the breakout level at ~160 from the december 2022 highs that led to 1 year rally up to 265.
stock will likely chop in the highlighted triangle.
very choppy from 160-190.
still choppy from 194-265.
it is at the buy the dip zone. it is now at the breakout level at ~160 from the december 2022 highs that led to 1 year rally up to 265.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.