BA Long into 2023+
Setup for great long-term hold. Likely to retest ATH by 2023+, with possible future reinstatement of dividend as well.
Key things to note are 02/25/2019 All-Time High of ~440.
Typical Cup and Handle formation with Bottoming of Wave 1 ~120 on 05/11/2020; Wave 2 ~144 on 10/26/2020; Wave 3 194 on 01/25/2021.
Strong Resistance at ~242 evidenced on 06/08/2020 and 12/07/2020.
Strong Psychological resistance at 250 very likely (CNBC propaganda)
*These are CONSERVATIVE estimates*
Good luck!
Feedback kindly appreciated.
As always, do your own research :)
Key things to note are 02/25/2019 All-Time High of ~440.
Typical Cup and Handle formation with Bottoming of Wave 1 ~120 on 05/11/2020; Wave 2 ~144 on 10/26/2020; Wave 3 194 on 01/25/2021.
Strong Resistance at ~242 evidenced on 06/08/2020 and 12/07/2020.
Strong Psychological resistance at 250 very likely (CNBC propaganda)
*These are CONSERVATIVE estimates*
Good luck!
Feedback kindly appreciated.
As always, do your own research :)
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