RSI Resistance at 46.19 (right about where we are as of close).
Looking like a possible descending triangle has formed. BA will NEED a major push in order to not fall out in the wrong direction on this one. (A measured move downward would put BA around $50 range, can't see that happening personally.)
MACD is rising, but could easily turn around as MACD and signal are almost right on top of each other.
Break upwards, targeting around $240 (gap resistance) Break downward, targeting $96 (recent lows)
Looking like a possible descending triangle has formed. BA will NEED a major push in order to not fall out in the wrong direction on this one. (A measured move downward would put BA around $50 range, can't see that happening personally.)
MACD is rising, but could easily turn around as MACD and signal are almost right on top of each other.
Break upwards, targeting around $240 (gap resistance) Break downward, targeting $96 (recent lows)