$BA - Could be in triangle single bust patternBA had false breakout followed by a triangle breakdown. Now it's working to break above the bottom trend line ($206ish) to get back into triangle and ultimately breaking out of it.
Breaking above $222 is bullish and could send the stock to $250.
Target 1 - $222
Target 2 - $230
Target 3 - $250
Risk - failure to break above $206.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.