BA Short
I foresee some short-term dropping on BA the volume hasn't really been there during these recent run up days. I'm shorting until this down channel is compromised, or reaching my profit target @ $120. I plan to start purchasing LEAP's with 18 month expiration loading in around $120 when we have proof of bullish confirmation.
TLDR: Short til $120 then go Long w/ confirmation.
TLDR: Short til $120 then go Long w/ confirmation.
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BA has broken the channel, and invalidated the short idea. It pushed up/out on low volume so I'll watch for expansion confirmation before entering. Otherwise take shorts on retracement if we re-enter the channel.
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