I see a perfect opportunity to short Boeing, at around $144-150. There is a descending triangle forming, I'm expecting a fall to the 120s.. potentially even lower. Stop loss is set at the resistance line which is $150 (a break which invalidates the descending triangle.)
There is a possibility airline bailouts occurring could ruin this trade. I believe airlines won't open up any time soon and will continue to suffer no matter the bailout. I am expecting the trade to work well.. worth the risk in my opinion (expecting this after hour PUMP to be shorted).
There is a possibility airline bailouts occurring could ruin this trade. I believe airlines won't open up any time soon and will continue to suffer no matter the bailout. I am expecting the trade to work well.. worth the risk in my opinion (expecting this after hour PUMP to be shorted).
註釋
still in trade :)交易結束：目標達成
Goal reached, closing trade since I'm expecting a bounce :) lets see what happens註釋
looks like all airlines will rally for a good couple days or weeks!
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