Revisiting BA
from my previous analysis I completely missed that double top that BA formed. Luckily I did not take a position. seeing the price action more closely it was going in a downward trend but it appears to have broken out and today it retested the upper channel of the trend. so what now? first we need to see if BA will break through 245 into 246 and hold that area. then and only then will i begin to feel more comfortable about going long. BA is one hard stock to trade but when traded right and choosing the right option to trade, it can be very profitable. target still remains at 275. entering only if it holds 245 and 246.
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