BA Long Opportunity

BA developed a nice looking hammer candle off lower trendline support, which happens to be all-time value area high on the fixed range volume profile. Based off Saty Volume stack, we currently have buyers stepping in on the monthly timeframe, and it is likely that we can retest 172.93 level, in accordance with fib extension. Above this level, we can see 195.49. There is high volume nodes at both of these fib levels which are acting as magnets to the upside.

BA is range-bound at the moment. If we can break this range, we can see a big move. It will be interesting to see how this plays out. For now, I am setting an alert for price crossing above 173 looking for 200c, 90 days to expiration.

EDIT: It looks like whales are loading up 225c 06/20/2025 @ 4.15 at the time of publishing this.

Just my two cents! Any feedback would be greatly appreciated.
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