With a few PT upgrades and more to come $BA will lead the DOW in the coming weeks imo
Key resistance lvls at
R1 - $280
R2 - $293
Possible Upcoming Catalysts:
C1 - Southwest order rumored to be very big
C2 - FAA inspection of 787 approved and $BA can resume deliveries
C3 - Report second consecutive month of a net positive orders to cancellations figure in second Tuesday of march
C4 - Re-Opening trade still has more room to go especially airline/cruises/Boeing
C5 - Biggest and least likely imo would be for China to end the ban of the 737 Max = the Chinese are huge buyers
Key resistance lvls at
R1 - $280
R2 - $293
Possible Upcoming Catalysts:
C1 - Southwest order rumored to be very big
C2 - FAA inspection of 787 approved and $BA can resume deliveries
C3 - Report second consecutive month of a net positive orders to cancellations figure in second Tuesday of march
C4 - Re-Opening trade still has more room to go especially airline/cruises/Boeing
C5 - Biggest and least likely imo would be for China to end the ban of the 737 Max = the Chinese are huge buyers
