Is Boeing still flying high ? Maybe need to land and refuel

2017年1月11日

BA touching the previous high back in Feb 2015 at around $160
Charts showing an ABCD completion with a rising wedge at the resistance level.

Took the risk and shorted close to the top at $159.55 last evening with small SL at $160.66
An alternative will be to wait for the break below the wedge

2017年1月18日

交易开始

Still in this trade.
Price just refuse to break below the rising wedge, will shift stop loss to breakeven when price goes below the wege (confirmation)

2017年1月20日

交易开始

I probably took the trade too early and it is still hovering around my entry price. This is making me anxious, this is where we have to control our trading emotions. Zen.....

2017年1月25日

交易结束：到达止损

I placed a very tight stop loss on this trade, expecting it to drop immediately. It tried to break below the rising wedge but failed.

I am out of the trade with a $1.11 loss per share.