Even with relatively high volatility, the use of the two Gann Fans and Fibonacci along with MACD indicator - which I normally don't like to use - based on Heikin Ashi log-scaled chart proves to be quite powerful to capture the behavior of AIR price. On the daily chart, the area between 11.52-106.42 is the target after that AIR breaks below the ascending channel....
Price reached a major resistance . Time to re-short the dead cat bounce .
A descending triangle is a bearish pattern (Very bearish in fact in the case of Boeing ) . Usually it breaks down ,this could easly take boeing the 70$ level .
Boeing : BA , Too big to fail .