BA had a false breakout from a descending triangle. Now resting on the lower trend line.
If the price break above the upper trend line, we could see $256.
If we breakdown from the lower trend line $191 is expected.
Target 1 - $233
Target 2 - $241
Target 3 - $256
Risk - Break below $205 towards $191
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
If the price break above the upper trend line, we could see $256.
If we breakdown from the lower trend line $191 is expected.
Target 1 - $233
Target 2 - $241
Target 3 - $256
Risk - Break below $205 towards $191
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.