FWIW- I might normally still take it here as it isn’t too far from the breakout level. However, /ES, SPY, /NQ, QQQ all now back down to those breakdown levels I highlighted earlier today as well as NVDA also right on or a hair below the primary uptrend line, also poised & likely to breakdown today or very soon IMO. Hence, BA (as a major indexed component) likely to face some headwinds if the market breaks down.

Agreed. I highlighted BA in this post just over a month ago at the start of the video while poised to break out above a nice, well-defined bullish falling wedge, which it did on Nov 29th while I was on vacation (hence, I missed it).

Thx for bringing it up as the stock is starting to move up following that breakout & the subsequent successful backtest. Video setup on BA & updated chart below:

https://rightsideofthechart.com/financial-sector-analysis-trade-ideas-11-1-24/