BA has followed through with the topping thesis from July 28 and is currently bouncing into a local resistance zone. 
BA up next weekBA 200 needs to be testedBA Price reversed with a bearish engulfing candle after briefly entering the macro resistance zone outlined several days ago.
BA has entered a macro-resistance zone at 240–250, where I expect at least a mid-term top formation to begin developing.
BA consolidating in sell zone before earnings, i recommend taking some profit off if your entry is above 190; ideal entry 180-185
BA 2 digit soonBABA one fuel swith can down entire boeing plane. I dont understand the technology used in this plane.BA apparently a pre report was published few hours ago. it mentions the plane did what it should (air india crash) the fuel switches were turned off, voice memos indicate non of both pilots did it on purpose. so fuel was cut off and they turned them on but with that height it was too late. so the plane did what it should it worked proper but nobody knows why the fuel cut off switches were selected. the authorities did not send boeing any recommendations meaning the fault is rather not on boeings side yet. well these are some great news for boeing. final report will follow but will take a few weeks i guess. its great news for now its almost even insider but markets closed.
