BAE Systems: distribution resuming after the technical bounce

BAE Systems is at week 11 of a sell signal, with the trade up 7.55% from entry. Last week showed a technical bounce — buyers almost absent for weeks, then +1.5% with BuyVol at 95% — which was largely reversed this week: a 1% decline with sellers back at 89%. The quality band flags new short positions as not recommended: the stock still trades more than 32% above its 200-week structural average.