BA Preparing for Launch
BA technical price analysis.
Cup and handle on 1 D it is almost done consolidating (or may be done) for the big launch. Lost trend temporarily but is back in (as expected in the last post). I would love for it to hit the support and 50 MA about $220, but a target of $280 (resistance) or $320 if BA decides to follow trend.
Fundamentally BA’s travel sector has better guidance with the vaccines. Well better guidance than in 2020 that’s for sure.
This is not financial advice. This is for entertainment and personal case study reasons. It is posted just for enjoyment purposes. Do not take anything as any form of financial advice.
Cup and handle on 1 D it is almost done consolidating (or may be done) for the big launch. Lost trend temporarily but is back in (as expected in the last post). I would love for it to hit the support and 50 MA about $220, but a target of $280 (resistance) or $320 if BA decides to follow trend.
Fundamentally BA’s travel sector has better guidance with the vaccines. Well better guidance than in 2020 that’s for sure.
This is not financial advice. This is for entertainment and personal case study reasons. It is posted just for enjoyment purposes. Do not take anything as any form of financial advice.
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