Boeing Company (The)Short
BA crashing like their planes, sorry
Seeing a possible bull trap with BA. that 220 is a strong resistance area and it might want to make an attempt to touch that area but seeing the volume and the amount of buying power diminishing might signal a reversal to the downside sooner then expected. BA might want to follow the trend line to the downside first before we can go up again.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.