- Notice the first gap drove up BA from 5 month decline to upside direction with its price action moved from 160 to 180 in November. There was speculation that the US government may issue BA permission to re-run MAX 737.
Five days later BA made another gap-up above 190 as a confirmation of MAX 737 news. There is no time to wait and it is the best time to check in. Thus, we added BA to the portfolio on 11/16 at 196.43.
BA took off the ground and shot to the sky for the next couple weeks. We decided to took the quick profits +21% on 12/03 and exit all positions in the next few days
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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.