BA breakout with high volume
Recently BA has reached the TP1: $132 and later on TP2: $252 following the trend lines, in different waves.
Now it broke the ascending wedge for briefly and retraced, but on a closer view we can see a double bottom in another ascending wedge formation.
BA could either reach $155 and retrace, or if it finally breaks up it seems to have little resistance until the $330 with a +30% reward for TP3.
Happy trading!
Now it broke the ascending wedge for briefly and retraced, but on a closer view we can see a double bottom in another ascending wedge formation.
BA could either reach $155 and retrace, or if it finally breaks up it seems to have little resistance until the $330 with a +30% reward for TP3.
Happy trading!
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.