Will History Repeat itself?

There is an incredible long term Channel in place in BA's stock, supported by some historical recession RSI levels. I am wanting a shot at the lower trend line but if the macro trend shows reversal with a higher low higher high scenario i will be willing to play the stock long but keeping a close eye for an exit and re entry closer towards 80. Side note 100$ price level holds a key $ value along with a previous resistance area turned support.