Technical Analysis on BA

Downward Trend is confirming.

1. HA chart continuous down trends with no wicks upwards.

2. Parallel channel forming, more precisely Down- Flat-Down channel

3. Next support level 213, if closes below 213, expect 207 stop (based on 5 days awing.

4. Supply zone - 188

Good opportunity for selling calls OTM @230?

As analyzed BA further down. It entered into 199, mid demand zone. Wait for 2 hour session before taking ant trade. I see it going further down.

BA: BA further movement

[-20%] in 2 weeks! Any Thoughts on Boeing?

Shares of Boeing and one of its key suppliers($SPR) continued to drop after the Boeing 737 Max 9 incident as investors grew worried about possible damage to the businesses... ------------- [DISCUSSION] 1. Any thoughts on this incident? How will this impact Boeing's business? 2. What's your trading plan?

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