Although we have down trendinf resistance and it looks like BA is trying to break out of this resistance, I also see heavy resistance area around 15816. Currently I’m adding some put options expiring 11/18 current cost is around $106, for a 141 put. I believe that this area here could be very heavy resistance within the next dollar range so use your risk tolerance. I do not believe that this will withstand the break out as we are still in a beer market. This could just turn out to be a wick outside of a resistance zone. If Boeing does want to confirm this break out which is around $152.77, then we could be looking upwards of $170 which would be a neckline of a large W pattern. My thesis is we will see the Bears step in around this level up to $160.22 max so keep that in mind when buying your option if you decide to do so