Risk/Reward Name Of The Game In Boeing Now
BA Weekly candle printed a hanging man at current channel resistance. This allows for short entry right now with an extremely tight stop loss of 369.5, only 1.5% loss. Minimum profit target would be 320 area around the 125 moving average, so just over 12% gain minimum. That computes to around 8:1 in favor of reward in this scenario. I like options in this case specifically, and I look for this move to happen quickly, before Sept 13th. Pretty self explanatory really. Happy hunting and GLTA!!
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