BA has respected the $200 support level twice in the past 2 weeks. This is also in the golden pocket fib retracement from it's last run. Earnings are this Wednesday, so you could enter .5 position now and then the rest afterwards. Stop is below the last wick past 200 and target would be around 240. Would scale some out here and let some ride if the trend is still bullish into spring. MACD momentum building to be bullish.
Comment:
1/30/24 Buy#1 @199.76. Price is inside first demand zone. Add more closer to 195
Trade closed: stop reached:
stopped out