Its time Okay BA, enough screwing around. You have had your fun, now lets fill this gap, get it over with so we can make some progress back up.
Figured I would update on BA seeing that I haven't really posted about it.
But there really hasn't been anything to post about. BA has been playing around in the low 190s, 180s region, just taking its time with the rest of the market.
I am swinging a position on BA that I entered around 191 short. Unfortunately BA doesn't have inverse shares so I had to buy the options. Expiry is the end of this month, so ... I would like my target to be hit before then. Either way, I am up on this and not freaking out. I may not get my target if BA keeps up these games, but at least its not a loss!
Nothing has changed in terms of my last in-depth analysis on BA. I will link it below.
My target is this bottom gap fill, around the 150s region. It looks like the market is getting the momentum to actually commit to some good selling, so let us hope that we get some follow through on BA.
Otherwise, BA has been a great day trade stock, with great movement up and down. Just nothing really interesting enough to do a post about. But BA is my baby, I like this stock and I have been neglecting it only because it has been boring and I have nothing insightful to say about it.
But I thought I would just do a quick update. Remind BA that I am still here! And doing a post that doesn't involve me running multiple different stats analyses on 3 different software platforms is a refreshing break. =)
As always, take care everyone! Trade safe! Let me know your comments, criticisms and questions below.
