BA TRADE LOGIC
Took a 
BA $150 P position before the market closed today and making a note of why I ultimately made the trade.
1. Earnings catalyst (obviously).
2. Been trading with a downward channel but broke the channel even more to the downside.
3. After breaking the downtrendBA entered a gap made back in November 2020 from 172ish to 158/9ish (blue lines).
4. If I read my research correctlyBA hasn't turned a profit on earning in like 3 or 4 quarters and will probably miss again. With the market acting the way it is I think it will sell off after earning regardless of good or bad news.
My price targets are the green lines.
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Not financial advice.
BA $150 P position before the market closed today and making a note of why I ultimately made the trade. 1. Earnings catalyst (obviously).
2. Been trading with a downward channel but broke the channel even more to the downside.
3. After breaking the downtrend
BA entered a gap made back in November 2020 from 172ish to 158/9ish (blue lines).4. If I read my research correctly
BA hasn't turned a profit on earning in like 3 or 4 quarters and will probably miss again. With the market acting the way it is I think it will sell off after earning regardless of good or bad news.My price targets are the green lines.
-
Not financial advice.
Uwaga
This played out beautifully if I do say so myself. I made decent money on this trade but didn't take 600% percent gains when i had the chance :/.. It's something I'm working on
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.