MOMENTUM - Engine Failure, Breakout Failure - Boeing $BA - Short

Momentum trade:

- Looking for a quick short in the morning on Boeing.
- Bad news with grounded 777 after engine failure.
- Terrible earnings, terrible indeed.
- BA has NO business breaking out of resistance here.

Not their fault, but shorts will attack. Don't be greedy either in this market. Both sides get chopped!

SL: 226
TP1: 207
TP2: 203
TP3: 190
RRR: 3.0

Trade closed: target reached:

Closed with TP1, not as strong of a short as I was expecting. (24/33)