BA D3 - potentially reversing an extended run at key zone

٣ فبراير ٢٠٢٣

BA is extended and struggling at key zone of confluence. The stock currently has relatively low implied volatility in comparison over the last few months, so it is setting up for legging into a high probability option spread.

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ملاحظة

Today on daily chart we had a good day (+3.84%) on good volume which at this stage is still bullish to neutral. No signs of any reversal.