We had a breakdown from our previous analysis. However, once we stay above our yellow trend line support we maintain a bullish bias. BA is still a BUY in my opinion GL traders!
can you please roughly predict when will the next breakout happen?
astunts
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@hozo19, Personally, if you are not already in the trade I would wait for a break of our first horizontal resistance roughly at 164.65. Watch for the break and wait for its first level support for confirmation of a new trend. Something to note BA has some catalyst factors in the news so pay attention to that.
hozo19
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@astunts, thanks. Currently I have some, and waiting for a correct time for TP