And because its also a backspread :)
I have butterfly to jan with break even price of $160. First target 130-140
Weekly overextension. On major horizontal support. Central banks ready to stimulate
Washout on relvol after earnings. 2nd leg uptrend continuation
BA a blue chip with buybacks. - Reason to not short. However its been distributing for a while. One of the stocks with negative exposure to china. And yeah that MAX thing is still not resolved
Do nothing while in a box. Close and hold above - go Bull thesis. Below - Bear. There are fundamentals reasons for each case but only price action will tell the Truth
"To the moon". Insiders and tutes liquidated entire positions meanwhile
First target 9, second 9.40. Major horizontal support. BB weekly pierce and abandoned baby daily
This is for bullish thesis (in case of more cuts and market reacts positively). Yields ATL, TLT through the roof.
Exit at weekly deathcross ( 9 Exponential moving average crossing below 30 weighted moving average)