The downward trend is not complete. I like your trend line and would like to see BA climb few percentage points to confirm the uptrend. What do you think?
Davebhojwani
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WHAT IS THE TIME FRAME TO HOLD BA or WHAT MONTH CALLS SHOULD BUY. ANY OPINION
LetsBeMillionaire
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@Davebhojwani, i am going with Oct 180 and jan 200 call. Once day BA might jup up way higher... 20-40 points up is normal. Lets see. i am waiting for next week. todays close wasnt promising. Sitting right at the support. if it breaks, we might see 140s as well. Waiting for the bottom.
prajagopal
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@LetsBeMillionaire, you may be right. I am thinking the same, BA might see lower lows.
mthompson45
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@LetsBeMillionaire, If you look at Friday right before the bell a bull squeeze was forming. Volume looked great! We might see BA come back next week, depending on the overall Market and what happens with those Unemployment Checks. If nothing passes on Unemployment the entire Market could TANK next week.