OTM.Investments

30% / 11 Day Hold Update (BA)

OTM.Investments Updated   
NYSE:BA   Boeing Company (The)
What an AWESOME day as we put in some solid GAINS today on boeing! 💲💲💲
Yesterday we showed you how we were all shooting green with the Crossover strategy and the ema dots on these larger timeframes after the massive selloff. Today we we're able to get up to 30% gains in the last 11 days for a nice swing trade, we continue to hold... what is next to come. ⬇️⬇️⬇️⬇️
Comment:
Comment:
We have already established the Crossover strategy as we have been in position for all indicators to line up, now we need to zoom in and identify the current range for support and Resistance zones
Comment:
$183.50 is the major Resistance level as it is drawn out in red with red arrows. We currently sit above it at 184.30 so we are testing the breakout
Comment:
We will use the lower timeframes to see how strong of a push we can get to break out of this Resistance zone, don't forget that fakeouts CAN HAPPEN!
Comment:
Meaning that on this edge play based off how strong the push is will determine where we go next. If this level were to hold bears would push us back down towards 121.50 major structural support as we then test the lows. We do currently have higher lows and that can be signs of an impulse bull move. This Resistance level is all that's in the way. Clear it out, we will rally
Comment:
❤❤❤❤💲💲💲💲😁😁😁😁🥇🥇🥇🥇 best of luck everybody!
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