$BA - Ever seen a bullish crab pattern playing out!BA is currently playing out Bulkowski's Bullish Crab pattern. The pattern starts from 0 to A, B, C and D which completes the Crab shape pattern.
If this patterns holds true the price should reach to E which is around $260. It doesn't mean it will stop at $260 but its a good place to take some profits.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.