G'day Guys.
Today we analyse BA aka Boeing.
Since last drop from previous high on Feb 11, 2020 at 349.76 its took around 1 month to reach low area on Mar 18, 2020 at 89.19 Low.
In progress of recovering, and started to create uptrend channeling on Oct 30, 2020 at 153.74 area and take 3 month to break previous high that happen on Jun 8, 2020 at 241.24 area which is new high was 244.24 on Dec 20,2020
This showing that BA was improving positively.
Next target that for this pair will be 305.33 area. If this happen, new high will be created before Feb 11,2020 crash.
Let's see what happen next.
Today we analyse BA aka Boeing.
Since last drop from previous high on Feb 11, 2020 at 349.76 its took around 1 month to reach low area on Mar 18, 2020 at 89.19 Low.
In progress of recovering, and started to create uptrend channeling on Oct 30, 2020 at 153.74 area and take 3 month to break previous high that happen on Jun 8, 2020 at 241.24 area which is new high was 244.24 on Dec 20,2020
This showing that BA was improving positively.
Next target that for this pair will be 305.33 area. If this happen, new high will be created before Feb 11,2020 crash.
Let's see what happen next.
Trade active:
As long price not solid break on 239.18. This pair still bullish.