BA had a good run last week and this pullback (Good support in the $255 range) was expected ahead of its next leg up to $292-$305 price range. I expect the Dow to resume it Up trend later this week or starting next week.
BA will be the leader of the Dows resumed up trend. I expect the announcement of the Southwest order to come in any week now which is rumored to be huge which fundamental analysis wise is always good. Also
BA reports orders every second Tuesday of the month and I expect next months update in the 13th of March will be the second consecutive month they have more orders than cancellations in 14 months which will signal that travel demand is back and strong
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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.