Hey y’all —
Sharing this idea a bit late, but I believe there’s still more downside to capture.
Last Friday’s massive pump on BA closed the gap on the daily timeframe. Based on the current structure, the chart suggests a likely move to close the lower gap as well. I entered around the checkered flag area last week, targeting the gap fill zone between $202–204. Given the price action, there's a high probability of a further dip to fully retrace the recent move up.
Near-term take profit target: $202–204
If that range breaks: $187–183
I’m currently holding put options with a September expiration.
Thanks for checking it out!
Sharing this idea a bit late, but I believe there’s still more downside to capture.
Last Friday’s massive pump on BA closed the gap on the daily timeframe. Based on the current structure, the chart suggests a likely move to close the lower gap as well. I entered around the checkered flag area last week, targeting the gap fill zone between $202–204. Given the price action, there's a high probability of a further dip to fully retrace the recent move up.
Near-term take profit target: $202–204
If that range breaks: $187–183
I’m currently holding put options with a September expiration.
Thanks for checking it out!
Trade attivo
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.