This seems a plausible optimistic hypothesis for BA, a retracement to its longer-term support.
A consensus explanation for why BA is crashing isn't clear to me, other than fears of a trade war. But some are skeptical of that explanation. A simpler explanation is, look at the strong parabolic movement starting on Jan 4, 2018, the same movement seen across the market. Its magnitude of trend-deviation cries out for a retracement to trend. Right at the new year an exuberance of optimism raised prices across the market, so BA's drop may be a retracement to prior optimism hastened by fears of a trade war, etc.
A consensus explanation for why BA is crashing isn't clear to me, other than fears of a trade war. But some are skeptical of that explanation. A simpler explanation is, look at the strong parabolic movement starting on Jan 4, 2018, the same movement seen across the market. Its magnitude of trend-deviation cries out for a retracement to trend. Right at the new year an exuberance of optimism raised prices across the market, so BA's drop may be a retracement to prior optimism hastened by fears of a trade war, etc.
Not
We can see similar shark-fin upward-parabolic surges (micro-bubbles) followed by retracements back to long-term support...Bulls keep trying to smash through even the yielding resistance along a bull-run slope, but bears keep pounding them back to trend, and on and on...
Not
Nailed it...
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.