BA Continues to Squeeze - Analysis Long

Boeing Company (The)NYSE

Description

⋅ Jul 9, 2021 12:45 PM

BA Continues to Squeeze

Wednesday, BA fell below support and continued to fall the next day down to 226.16.
Buyers came in and recovered the break through to give us even stronger support @ 228.00.

Volume is starting to pick up on BA as we progress to a break out soon.

Levels I'm looking at:
Calls > 253.62
Puts < 224.91

BA could be scalped when reversing on set trend lines, but waiting for the big play here.