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Legio_Decima
Jul 18, 2021 7:13 PM

$BA, short opportunity after break of trendline Short

Boeing Company (The)NYSE

Description

trendline broken through
horizontal support violated but can still hold
watching for a reversal on Monday to close out for small profit, could drop to 212 before bounce back to 218

Comment

Closing out the contract for 550%
Comments
ktaba
If you were going to short BA you should have done it last week, the opportunity is gone. It’s already in oversold status and RSI of 30, similar to all travel related stocks. It will bounce higher this week. Good luck though!
Legio_Decima
@ktaba, How do you think about shorting BA now? :D
ktaba
@Legio_Decima I am adding more shares now so that should speak louder than my words! ;)
Legio_Decima
you do you and good luck. I don't hold BA but if I do now is a good price to add-in for sure. can still drop more but unlikely.
ktaba
@Legio_Decima right on bro! Thx. Good luck mate!
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