Boeing Company (The)Updated BOEING going down
Potential Head and Shoulders Pattern
Bearish Divergence
Massive volume spike as it was sold down from its peak - noted by the black arrow on 4 March 2019.
Target for head and shoulders pattern and 0.618 retracement on weekly chart basically line up.
Looking for a potential drop to 185ish
I'll be starting to buy once it hits 0.50 retracement
Bearish Divergence
Massive volume spike as it was sold down from its peak - noted by the black arrow on 4 March 2019.
Target for head and shoulders pattern and 0.618 retracement on weekly chart basically line up.
Looking for a potential drop to 185ish
I'll be starting to buy once it hits 0.50 retracement
Trade closed: target reached
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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.