$BA - RC -
Added 2024-09-03 14:14:15 +0000 UTC$BA has been inundated with negative news lately which has been a common theme for BA for the last year now and the share price is reflecting this sentiment
Price was struggling to hold on the 0.618 Fib level at $172 and with talk of the employees in BA going on strike, this will likely directly affect their bottom line
Next support level is the 0.78 Fib at $146, which is also on the trend line, which originated from the Covid Low
Long Term, $BA will recover, $BA and Airbus effectively have a duopoly on this market and their orders are still full until 2030
I will consider whether or not I will start a position here soon.
Comments
Interested
Samuel Filipczak
2024-09-24 21:41:29 +0000 UTCupdate here on $BA?
Johnathan Pinkhasov
2024-09-23 19:59:22 +0000 UTC
