BA - very bullish candle patterns - Jun 26 expiry 220 calls

2020년 6월 15일

First there was a complete candle body reversal, and now today might be a bullish engulfing. Both are in greeen square.
Also RSI 7-day dipped below 50 and is back over (in strong trends the 7-day will touch 50 and bounce while the 14-day will not)
Note - on my chart the stochastic %K is just over RSI, not sure why it is lower here.
I bought 220 strike 6/26 expiry calls for $5.95

2020년 6월 15일

노트

adding a note - the weekly 20sma is in a clear down trend, so that makes me weary of calls. I am taking profits quickly and only holding small positions overnight.

2020년 6월 16일

노트

Sold calls this morning for a nice gain.

2020년 6월 17일

노트

If stock opens higher today I may use weekly calls for a day trade. Use 5-15-30min chart, caution, and patience.

2020년 6월 17일

노트

Sorry I forgot to say that I think BA heads lower again, towards 20sma, and I bought one weekly 190 put contract yesterday.