Took a 
BA $150 P position before the market closed today and making a note of why I ultimately made the trade.
1. Earnings catalyst (obviously).
2. Been trading with a downward channel but broke the channel even more to the downside.
3. After breaking the downtrendBA entered a gap made back in November 2020 from $172ish to $158/9ish (blue lines).
4. If I read my research correctlyBA hasn't turned a profit on earning in like 3 or 4 quarters and will probably miss again. With the market acting the way it is I think it will sell off after earning regardless of good or bad news.
My price targets are the green lines.
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Not financial advice.
BA $150 P position before the market closed today and making a note of why I ultimately made the trade. 1. Earnings catalyst (obviously).
2. Been trading with a downward channel but broke the channel even more to the downside.
3. After breaking the downtrend
BA entered a gap made back in November 2020 from $172ish to $158/9ish (blue lines).4. If I read my research correctly
BA hasn't turned a profit on earning in like 3 or 4 quarters and will probably miss again. With the market acting the way it is I think it will sell off after earning regardless of good or bad news.My price targets are the green lines.
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Not financial advice.
הערה
This played out beautifully if I do say so myself. I made decent money on this trade but didn't take 600% percent gains when i had the chance :/.. It's something I'm working on
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.