Analyzing $BA past run from November to December, it ran from 134 to 234 within a month.
$BA is trading sideways with a flush opportunity at the 50 Simple Moving Average of 198.61
An AB=CD can be forming here, $BA can have another +100pt run here. The C to D leg shows that the possible run can start from mid January to mid February.
300.00 is the ideal Target Price for $BA in the long term. This depends strongly on the recovery news in which Boeing 737 MAX planes begin to take flight again.
$BA is trading sideways with a flush opportunity at the 50 Simple Moving Average of 198.61
An AB=CD can be forming here, $BA can have another +100pt run here. The C to D leg shows that the possible run can start from mid January to mid February.
300.00 is the ideal Target Price for $BA in the long term. This depends strongly on the recovery news in which Boeing 737 MAX planes begin to take flight again.