Boeing Company (The)
Long

BA Long

224
BA settled their labor dispute this past Friday.

BA has been in consolidation and the Alley-gator has been
compressed, or as Bill Williams describes the sleeping alley-gator. I would buy with a buy stop 2 ticks above the
fractal marked; 138.90 My stop loss would be below the blue line or the gators jaw.
BA is in a strong sector under accumulation the past month and three months the XLI is what i use.

I will sell put spreads 60 days out with a 20 delta so I would also have the option of putting a condor on if it does
not move

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