We saw in January 27 2020 and 1 February 2020 a 2 bottom formation (bullish sign ) , but for now I can identify the top of rising wedge and seams to be a bull exhaustion with a small pullback. In a long term I`m bullish on BA with the vaccine the Aerospace & Defense Industry and transportation sector can come back to normal.
Note
On a Weekly time frame we are hitting 200 SMA, a small pullback incoming. We can retest 240 area.
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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.