I had a pretty strong conviction that BA will hit around 300~310 but looking at the market structure I'm leaning towards one more flush down to 200 level before a 3 wave move up to 310 level by Sept. It seems to be trading in a gigantic wedge that will contain the leading diagonal pattern. What ever may happen, I think it is in a no trade zone for now, until we get a clean uptrend structure set in mid term or a nice flush down to 190~200 level that may coincide with the lower trend line as well as golden zone for the previous 3 wave move up. IF the price gets there while being contained within the wedge and within the golden zone its a nobrainer buy expecting a sharp move up. Considering the percentage move has been getting weaker since the beginning a 40~50% initial bounce is expected and to happen in 7~25day period.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.