This is pretty self explanatory.
A diamond top if I ever saw one.
BA has been bullish lately but it seems like it may be winding down for a bit of a drop.
SAS predicted trading range for this week is 124 - 148.
Will be looking to actually swing this short I think. I think we may end up seeing a bit of a gap down on Monday, we will see where that brings us in relation to the trading range and the diamond pattern.
Alternatively, one could technically argue that this is a bull pennant and it could very well break out to the upside. In that case, I would be looking to see how it treats 148 and tempted to enter short here for a quick swing.
My thoughts, not advice. BA is always a wild card. My general advice is to just avoid it, but because I am a stan I find it hard to do.
Trade safe everyone!
A diamond top if I ever saw one.
BA has been bullish lately but it seems like it may be winding down for a bit of a drop.
SAS predicted trading range for this week is 124 - 148.
Will be looking to actually swing this short I think. I think we may end up seeing a bit of a gap down on Monday, we will see where that brings us in relation to the trading range and the diamond pattern.
Alternatively, one could technically argue that this is a bull pennant and it could very well break out to the upside. In that case, I would be looking to see how it treats 148 and tempted to enter short here for a quick swing.
My thoughts, not advice. BA is always a wild card. My general advice is to just avoid it, but because I am a stan I find it hard to do.
Trade safe everyone!
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Get:
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Get:
- Live Updates,
- Discord access,
- Access to my Proprietary Merlin Software,
- Access to premium indicators,
patreon.com/steversteves
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Easter sale starts April 18th for 50% off!
Get:
- Live Updates,
- Discord access,
- Access to my Proprietary Merlin Software,
- Access to premium indicators,
patreon.com/steversteves
Get:
- Live Updates,
- Discord access,
- Access to my Proprietary Merlin Software,
- Access to premium indicators,
patreon.com/steversteves
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.