BA - SELL strategyWe have been moving up steadily and now the DC is showing some likely top area. The stochastics are still positive and MACD is well.
We have good support $ 205, but feel judging the DC top and also the next resistance level, we may see this as a SELL opportunity. The earnings will be released 26th January 2022.
For now SELL current $ 226-228 area for a move back to $ 210 > 205. Stop-loss I prefer to keep that at $236 for now.
Basell
🐻 Bears Attack Boeing! (BA)💰 LET'S GET INTO SOME BOEING ANALYSIS!💰
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(Overall Market Sentiment) 🐻 Bearish
- We want to take in consideration that the overall longterm support is now broken.
- We have a red engulfing candle below our average to validate further confirmation of the Crossover strategy.
- All 3 ema dots align and have for the most part been red in recent history.
- I think we will selloff and go to test 176.47 as our next structural support.
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🥇MLT | MAJOR LEAGUE TRADER