Boeing Company (The)
Panjang

BA likes to Swim for Recreation but curretly needs Air.

150
Ignore the MA Death Crossover that BA underwent just recently. BA at this very appealing support level should become a necessity to buy up for any fund holding it. There has been some noticeable bullish momentum divergence to boot and a look to the 4hr chart indicates that we should see a little pop in the coming days to keep us out of danger. Look for a retest of 130. This should provide a nice 1:2 R/R opportunity for most.

Also, wish I could edit title to correctly spell 'currently'..

8/22/14: due to the hanging man yesterday and the solid run up thus far: I'd raise any stops to under yesterday's low.

Penafian

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