BA seasonal move

Hi Folks, today we’re taking a look at be a Boeing one of our seasonal spotlight picks for the week of 1227. markets still ripping higher a little bit off of the highs today testing at 4800 level. But looking at VA here, we closed up about one and a half percent of $3 at two 613. And I’m going to show you why we like this idea. So over here on the left hand side, we’ve got a weekly chart over here on the right hand side, we’ve have our daily chart, this gray box right here represents an area price structure on the weekly. So this was an area that formed before we shot up to new highs, and we’ve come back down to retest this area. Now we did retest this area back in mid July. So we are getting the second third retest. But if we look at the yellow lines, those represent the monthly areas of structure. So we got the weekly monthly combined here. And then we flip to the daily, you see that we traded down into this area bounced came back in and probe for that second low giving us a bullish divergence signal. Not only do we get the bullish divergence signal buy into this area of structure, which is what we like to see, we’re also getting a one to three bottom, that 123 Bottom right here suggests that we move up from about this 205 level to about 225. That’s our first target here on based on using the 123 bottom. And I like that because that takes us up to this area right here, which is the next likely key area or key level there. Now from a seasonal perspective, you can see that we have a bullish run from about December 28 through February 18. So it’s about a 50 to 60 day calendar trade. It’s been profitable 86% of time over seven years 86% of the time over the last seven years as pretty solid data. So we’re gonna watch and see if we can get some additional confirmation here on Boeing. We are we already have, we already did receive that trend line break as well. So I am comfortable stepping in here. Once I get my additional confirmation to sell bull put credit spreads with a target at 225