Boeing Company (The)
Short

BA short (pt. 4)

I have revised my chart after BA broke above what I believed was a resistance line. I took my BA puts at 110% gain as BA turned on me and started to reverse higher. As for now I am still short BA and am now going to rely on the revised chart which still appears to be in a descending channel, but could also play out to be a bearish megaphone pattern. I picked up puts for Feb. 25 exp. ktaba likes his steak medium. I, however, am a little more barbaric and prefer a little more moo in my meat. ktaba medium rare for me ;)

Not financial advice

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