Dick LoPresti asked 7 years ago
Pat, I finally got a chance to watch your BA video from last week. I've owned BA for a while and am pleased with the trend, but am curious where you would set a stop. Currently, I've set it at $282, just below the 20 EMA. Thoughts?
1 Answers
Pat Walker Staff answered 7 years ago
Dick,
GREAT JOB! Love success. Right now it's walking up the 8 ema. I would take a SMALL amount, (20%) into strength. Use trailing stop for another 20% when it loses the 8 ema. Then give the balance down to 20 day. If loses 20 day MA could sell 20% more. By that time hopefully the 50 day is quite a bit higher. Let balance Work for you. Give those shares down to 50 day. **Also, if you sell some and then BA presents a CLEAN entry off the 8 EMA or 20 SMA you could buy the shares you sold back. Then let them work with the same rules. Posted BA chart for you on VIP site. Again, Great job!. Keep rockin!
Sincerely
Pat
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