If 1.40 holds or if that descending line holds , am expecting a big green candle coming this coming week.
I know there is an orgy of shrot sellers here but , I think the USD is more powerful right now than CAD.and that bull flag is gonna be violent when it breaks out
if that falling wedge trend support fails its going straight to 180$
I think it wants 230 it fails it falls to the next trendline
A GOOD ENTRY WILL BE AROUND 274 WHEN IT TOUCHES THE LONG TERM TREND-LINE FOR NOW AM JUST WATCHING
looks like this is going down folks, a good entry is between 294 and 300
WE should get a bounce very soon, the stock has clearly broken out
a break below 338 is bearish ,since I dont like shorting stocks , I will look fro reentry when it closes above 340.(am almost certain we taking a nose dive tmrw (production halt speculation)
370 is where notable resistance will be at
$BA Bears are in full control here now that we are at the top of the range, but the again, this being a news driven stock technicals are rendered worthless each time good or bad news comes out.
am seeing a megaphone pattern here, am thinking its trying to shoot higher towards the upper band of that magahone
My fiends with Trump in office dont everyone's time here posting your charts, they dont mean shit, the market can gap up or down any time based what Trump tweets, so stop pretending you know what you talking about and if your charts for some reasona made you money on Monday , it s because you got lucky okay.My charts are telling me we have a rising wedge break...
as you can see , the stock is now on a short to medium term downtrend, expect to bounce as it touches that descending trend line,
Looks like we will have a very big move next week on this one, will it be to the upside or to the downside, the chart pattern is telling us the market is undecided but I am bullish anyway.
a quick entry on Monday and exiting on Thursday before reporting , might be profitable.
If you are a bull , I would stay away until after earnings, otherwise am seeing a convincing beat down if they miss.
Its sitting on shootdown or breakdown zone, earnings will determine medium term direction for this one.
If the markets are cooperative , i think the momentum is there to catapult this to the 180 resistance.Lets see.