$BA - RC -
Added 2023-11-30 20:48:48 +0000 UTC$BA has bounced very well on the 0.5 Fib but it is difficult to see a Wave B in this pull back from the August high, so there is a possibility here that Wave B completes as a double top at $243 and then proceeds down to Wave C to the 0.618 Fib.
This bounce has been very strong and aggressive, so let's see if it can make a new high.
If it can, then Wave 5 is at $260.
Ultimately I believe $BA moves higher over the next 12-24 months and can reach the $350 second target eventually, as there has been a lag towards travel stocks because of Covid, $BA also has an order list until the end of this decade, they are not short of orders.
