BA Crossover
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)
Disclaimer: This is not professional trading advice and should not be taken as such.
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