BA - Ready to pop on big news!
Boeing had really good news with chinese aviation officials have expressed willingness to conduct flight tests on Boeing Co's BA 737 MAX, potentially paving the way for the fastest-selling jet's return in China. This is the type of catalyst that BA needs to get out of this consolidation period!
-Almost closed above 6DAY SMA!
-50DAY SMA will be a small resistance (239.19)
-wolfe wave formed (1HR timeframe) today and
triggered with a target of 242.70
Contract Suggestion:
Short-term trade: BA 7/16 250C @ 1.15 - I opened this trade 15 minutes before close.
Long -term trade: BA 7/23 250C @ 2.30 - Looking to grab in the AM if we get some momentum going.
-Almost closed above 6DAY SMA!
-50DAY SMA will be a small resistance (239.19)
-wolfe wave formed (1HR timeframe) today and
triggered with a target of 242.70
Contract Suggestion:
Short-term trade: BA 7/16 250C @ 1.15 - I opened this trade 15 minutes before close.
Long -term trade: BA 7/23 250C @ 2.30 - Looking to grab in the AM if we get some momentum going.
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Twitter: twitter.com/Ross_Trades
-Ross Trades
Come join our community!
Twitter: twitter.com/Ross_Trades
-Ross Trades
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