Im seeing the repetitive chart patterns happening , i will wait until the end of the eillot wave or a touch at the last support with an extra reject confirmation at the last swing of -61.80% fib then we can take the long position for safer entry.
let me know what do you think about my analysis on BA
Measured move up and out of your descending channel targets 302
garycalvo2018
⋅
Anything under 200 is an absolute gift
davidvid96
⋅
@garycalvo2018, yes agree, that's when im going to pick up some shares as well!
ktaba
⋅
@garycalvo2018 my recommendation is to at least start a half position now, just in case it doesn’t go lower. BA is very news sensitive and something like the max approval in China will make it rip!