This is just a perfect candlestick analysis move. Follow me for more info! SL - 213.66 TP - 220.95 Enjoy!
seems like it has found ground near current levels once go out and close above current downward channel on daily charts it might catch momentum ! below 191.8 closing basis can be a stoploss for it & 320/50 possible disclaimer : i might be biased here , before any investment or trading position do your due diligence .
The longer Boeing consolidates the more upward potential I think it has as it continues to lag behind in its sector. I would like to see it hold above 210 as I think we are nesting inside the beginning of a larger wave (5). Large institutions will want Boeing on their Q4 balance sheets as it makes its move.
BA is lagging behind many other companies in its sector. Potential for rally going into last quarter of the year.
Seeing weakness in trend resistance 229 support 220 if broken 210-205 cam be seen. please analyze before any trade.
Possible A-E wave that started w/ a low to high so expecting a finish of a low to a high out of the triangle. Do not see very many of these and have little experience. 3-6 month RSI low
this is just for educational purpose. Im not a pro. Lower line is the support level and upper line is resistance level.
here's how to behave and stay safe volatility kills as well
Long BA at Current price with sl 345 TG will be all time high....
In the chart of BA, in 45 days time frame, we can see a double top in wich we can open a short position.
Boeing Daily Analysis: On the daily chart an "Inverted head & shoulder pattern can be seen as well cup and handle. Weekly breakout took place in boeing above 365 na d 370 levels. If we see the same on the daily charts, Immediate supports are the 2 two broken green lines @ 370.48 and 375.86 respectively, whereas the immediate resistence(blue broken lines) are...
Yellow box: M formation is done. The last candle is a spinning top which indicates indecision in this counter. A break below 340 pinpoint may show us 330 levels. Another support is there at 324 where consolidation can be seen. If any bad news in BA other downside levels will open. This is my cautious view for the coming week.