BA turned into bullish, in my opinion.
We had a break of a lower support level (157.86), but the volume was low. Then quickly got back to its recent range, with high volume.
It indicates that it was a false break-out.
I would wait a bit to let some steam off, then buy some calls.
My price target ( in case of a break-out above) is around: 190.02
We had a break of a lower support level (157.86), but the volume was low. Then quickly got back to its recent range, with high volume.
It indicates that it was a false break-out.
I would wait a bit to let some steam off, then buy some calls.
My price target ( in case of a break-out above) is around: 190.02
