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FridayLottos
Nov 7, 2018 4:54 PM

$BA 372 Resistance Idea  Short

Boeing Company (The)NYSE

Description

IF BA Breaks over 372 and holds I think it can see 380-385 rather quickly , but if breaks below 365 and gets pressure due to the whole plane crash issues and fades stock can see 354-355 range.

I'm betting to the downside right now with NOV 16 362.50 puts at 4.80 , stop loss around $3/3.50 or if stock gets over 372 and holds.

This is not financial advice , just giving my opinion and what trade im making.
Comments
FridayLottos
That worked real well $344 now
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