Tuesday, April 17, 2012

BA: New Short

Initiated short position 100 shares at 73.99,  a big bounce after breaking the channel bottom.  I can't see this making a new high and this looks like a decent R to Reward entry.  I'm staying small shares on this looking for a retest of last weeks low.   It it fails to hold there's a decent chance that 70 falls to 68.

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