$BA
Added 2024-12-20 20:53:21 +0000 UTCIncredible stuff from $BA, in spite of everything this week, $BA continued to burst through all daily MA's and the 50 MA on the weekly chart and looks set to test the important 200WMA soon at $195
This was at $137 on the 11th of November and the 200 WMA did its job and behaved like a magnet
It's not that this is a great company, it's because of their duopoly with Airbus and its correlation, Airbus has been steaming higher too.
Also with Trump in, he will favour military contracts in the US and $BA will benefit.
I suspect a pull back will happen at $195 and I can add the Fib support levels when this is confirmed.
Comments
This has been a great portfolio add!
Ragin_Savant
2024-12-20 20:55:49 +0000 UTC
