Rectangle
BA has broken the bottom trendline of the rectangle, again. A rectangle is a neutral pattern until a trendline has been broken and there is a confirmed trend in that direction.
Price is below the longer term moving averages, the 20, 50, 100 and 200.
Mid Rectangle is 210.40 which can be used for a stop either way. For now it does appear that the rectangle is breaking to the downside.
No recommendation.
Price is below the longer term moving averages, the 20, 50, 100 and 200.
Mid Rectangle is 210.40 which can be used for a stop either way. For now it does appear that the rectangle is breaking to the downside.
No recommendation.
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