Since March 15th, BA has been struggling with a two month downtrend after a good 2020 price recuperation.
Its clear how the downtrend was loosing volume and strength with the pass of the days.
We can observe, a really good bounce on 220-225 price level (Previous key resistance) and a breakout of the midterm downtrend.
Still really far from 2018-2019 prices, BA its showing a decent recovery and I think our first target is the last maximum at 278 USD. Last week we had a +14% increase, so I expect a little correction here and a bounce at 240 USD level. (or maybe not). Two possible paths, but the same destination.
A
- Opening position: 250USD
- Stop Loss: 230 USD
- Price target 1°: 278 USD
- R/R: 1.44
B
- Opening position: 245USD
- Stop Loss: 230 USD
- Price target 1°: 278 USD
- R/R: 2.77
Its clear how the downtrend was loosing volume and strength with the pass of the days.
We can observe, a really good bounce on 220-225 price level (Previous key resistance) and a breakout of the midterm downtrend.
Still really far from 2018-2019 prices, BA its showing a decent recovery and I think our first target is the last maximum at 278 USD. Last week we had a +14% increase, so I expect a little correction here and a bounce at 240 USD level. (or maybe not). Two possible paths, but the same destination.
A
- Opening position: 250USD
- Stop Loss: 230 USD
- Price target 1°: 278 USD
- R/R: 1.44
B
- Opening position: 245USD
- Stop Loss: 230 USD
- Price target 1°: 278 USD
- R/R: 2.77
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.