BA.. is it a squeeze or what?BA.. is it a squeeze or what? if this breaks-out, the next target could be 160-180 in next 2-3 weeks
Balong
BA : gap past demandSo BA gapped past demand level which flips it to a supply zone. Currently seeing it trying to retrace and hold current demand level. I think it will bounce around still but still head lower to price target of 125. I will watch for potential good short entry today.
Note: my primary area to enter a position is to build a long position down in the demand zone below. I think that is a higher quality trade than trying to nickel and dime it on the way there. So, if I don’t like price action today but it does just get right on down to 125, I will not be upset that I “missed” a trade.
There are plenty of opportunities. Don’t over trade!
BA Buy Setup 1:2 Risk Reward RatioThere's potential higher low structure forming. Planning to jump at the opening of the market on 30th December. My second entry is going to be buy-stop at 340.80.
BA LONG TRADE SETUP
1. Entry: Opening of 30the December Monday (Market order)
2. Entry: 340.80 (Buy Stop order)
SL: 312.16
1. Profit target: 345.70
2. Profit target: 364.50
Disclaimer: This is not financial or investment advice
Trade safe
Atilla Yurtseven
$BA Trump pullback was what it needed for new highsThe pullback after Trump's tweet about AirForce One pricing was just what it needed to continue the pattern. It has already broken the 2015 high, looks like further gains are on the way. TP 167.50
