I decided to just highlight the standard deviation/accumulation ranges with the rectangles.
Based on this, we may see a pullback into next week, but not likely to see a move to the bottom of the range.
Bias is still to the upside for me personally on BA and I think it will follow the rest of the market if we go up.
I have been holding BA shares and slowly adding through this year and will continue to do so on pullbacks.
Safe trades!
Note: I will continue to update this idea with intra-day levels for BA throughout the week. So feel free to follow along if you are a BA day trader :-).
Comment
Shit, I meant First week of DECEMBER!
Comment
BA Plan for Monday Dec 4:
There is a bit of an overlap between the bearish threshold and PL1. I would drop PL1 from your chart if you are following along.
Look for a break and hold either way.
BA generally opens flat, however if we open above or below, it does not always follow the same rules as NVDA (where re-tests are the expectation). If we open above, most times it will continue up, vice versa for opening below, it will continue down.
Good luck and safe trades!
Comment
Meant to say above or below the bearish/bullish conditions.
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The only ticker bullish this month! Yay BA :-).
241 is the next TP.
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Great week on BA!! It revisited the high accumulation zone as expected and we still got PH2 on the week!
I love this stock. Airplanes to the moon! ✈️✈️✈️🌕🌕🌕
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