Facebook -False Break / Island Reversal-

BA (Boeing) Daily Chart

Both support levels on BA have been holding, the major support level was clearly defended by the bulls and still has upside objective of 80.82 and the retracement pullback support level is getting a work out with multiple tests as the shorts attempt to break this area keeping the island reversal active by trapping the longs in the market who bought the island. With the uptrend line intact and acting as support, along with the support level and today's reversal candlestick, I wouldn't be surprised to see this stock reverse course and begin attacking the island head and attempt to pop the downward trend-line. Note: 77.56 objective is still active.