BOEING is down over 50% from it's highs back at the start of the year. Will 
BA have enough strength to hold through or will it lead the market down another hole...
~
The stock currently sits above what has proven to be strong support @ $153 but before we play this one we need confirmation.
Watching the orange trend line as support/resistance, it holds strong on the weekly timeframe.
Possible long on a break and hold of resistance @ $190.
Upside targets: $234
Possible Short Entry pn break and hold below $153
Caution needed with this stock as it continues its push up. Seems like it's due for a correction in a few months.
DotcomJack | Michael Jordan of Stonks
BA have enough strength to hold through or will it lead the market down another hole...~
The stock currently sits above what has proven to be strong support @ $153 but before we play this one we need confirmation.
Watching the orange trend line as support/resistance, it holds strong on the weekly timeframe.
Possible long on a break and hold of resistance @ $190.
Upside targets: $234
Possible Short Entry pn break and hold below $153
Caution needed with this stock as it continues its push up. Seems like it's due for a correction in a few months.
DotcomJack | Michael Jordan of Stonks
Nota
Very close to our short trend-line. Will wait for a break and confirmation before entering a put position.Nota
Ended up going bullish on this today for a quick day trade, waiting for confirmation.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.