BA appears to be breaking a key resistance level by crossing over the 50-day SMA. BA also crossed over the 21-Day EMA, indicating a change in trend from bearish to bullish. For a conservative move, a stop loss can be set at the 50-day SMA. Otherwise, profits can be taken at the 61.8% Fib level, or other fib levels as chosen. Summary
BA is breaking 50-day MA and has crossed through the 21-day EMA, indicating a bullish trend.Support: $212
Resistance: $226 (61.8% Fib)
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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.