BA (Boeing) Trade Idea

Diupdate
Hello guys,

Its been a long time, but I'm here to share a possible PUT (Short) idea for BA.

I'm looking at the 4HR time frame for this. Looks like this is in the oversold territory. (RSI: 74).
Looking at the chart, the next support seems to be the long term gap fill which is at around $161.

* Price Target: $161
* Stop Loss: Break > $172.27

If you're getting Puts, I'd prefer $165 put expiring in December.
$160 spread is also a good idea to get here. (Expiring December as well.).

Feel free to share your trade ideas in the comments below.

Do your own research before you trade. I'm not a financial advisor. Good luck!
Trading ditutup: stop tercapai
Trade invalidated as the support was broken
BAboeingChart PatternsputshortSupport and ResistanceTrend Analysis

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