$BA Rolling over again?

22 set

After a push higher BA has recently run out of steam and looks like its rolling over. The last few weeks has failed to follow through higher after the Bearish Engulfing Candle. Last week we saw a move down and a close below the 20MA. I expect a reaction higher, initially, and then we see a further move down to wards $200.

7 giorni fa

Nota

#BA has continued to roll over nicely and now moved down to the BRN @ $200. Will this act as support and bounce? Or will overall sentiment allow it to continue lower? This level is a major inflection point, so I will monitor price closely.