I only expect this to play out if the prior significant lower high is not broken and subsequent low does not form higher base. Invalidation over 15000, short duration.
BA hasn’t participated much in this bull market recovery. Impacting them are political risks with China continuing to halt repurchases of the the 737 Max for domestic travel use. Imo R/R is favorable for longs at current levels, with much of the negative news already out and factored into the market. It might just be time for BA sooner than bulls and bears believe...
Only the strongest hands will touch greatness. It is few who walk through the gates of Glory. Few.
Looking for a reversal in my golden target zone sometime soon. IZ over 4560.
LT idea for a Biden Administration. Ultimately targeting over 100 and dip buys all the way down to 75 look good (If we get them).
Long Term Road Map. Not a perfect science. WIll probably need to adust the fractal periodically
Conslidation, down trend through summer, bottom around August. Resume up trend and continue on to 400 by 2024
Pullbacks to 340 and 333 are possible. I see a run to 380 minimum by end of year. 400 Is ideal. Trump ruled president December 14th.
3225 held as convincing support, rally should commence as per fractal given. Should 3225 let out, targets given below. GL
Short term bearish, omega bullish till end of year.