🐂 Trade Idea: Long - BA
🔥 Account Risk: 15.00%
📈 Recommended Product: Stock
🔍 Entry: +/- 149.00
🐿 DCA: No
😫 Stop-Loss: 135.00
🎯 Take-Profit #1: 260.00 (50%)
🎯 Trail Rest: Yes
🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨
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BA sees massive seller exhaustion over the last few weeks. There is nothing negative that could be published now that has not already been priced in. Trump's policy of higher tariffs should protect Boeing and the backlog is already at over 10 years of current sales. In view of the duopoly and the points mentioned above, as well as the technical chart picture, strong buying should be made here.
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