I like this reversal hammer candle on BA on the weekly. When you combine that with the stock is up on just about nothing but hope and the .gov backstopping it, I like the odds of a drop next week from here.
I'm bearish on the company long term because the fundamentals do not make any sense to me in the current environment.
- Almost half their revenue comes from commercial airplanes, no one is buying
- The Feds are only about 30% of revenue
- The MAX may never fly again. Getting it certified is not a guarantee
- They tapped out their entire credit line, the debt is unbelievable
I'm bearish on the company long term because the fundamentals do not make any sense to me in the current environment.
Transaction en cours
Jumped into 5/1 150p for this one.Trade fermée manuellement
Closed this at 16.87 once it hit my price target.Probably has a little more room to run, but there will be no breaking of rules :)
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.