$BA Today could be huge if the algorithms don't step in to screw it up. The big resistance areas that I see on the weekly is the weekly 100ema (light blue) at 228.71 and then the 200ema at 238.73 (dark blue). It looks like it has rejected from the weekly 100ema 6 times (roughly) since last November. Note in March 2021 the big move to 278 and again ,to a lesser degree, in May once it finally did close close over that average. A close over that could be a big algo buying trigger. It's hard to say how much of a problem the weekly 200 will be because it hasn't actually tested it that much. On the monthly, the weekly 20 is 222.21. A close over that this week will be a great sign. Last feb rejected from the monthly 20 (then 227.45~) and then went parabolic to 278 in March, moved back to that as support for three months, before dropping below in July. Great chance that a close over that this week will turn it into support. Don't chase with calls. FOMO is a bitch. GL
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