BOEING - Trend-Following Setup!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

BA is overall bullish, trading inside our brown channel and since it is retesting the lower brown trendline and round number 200.0, we will be looking for trend-following buy setups.

on DAILY: BA is forming a channel in red, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)

Meanwhile, until the buy is activated, BA would be overall bearish can still trade lower.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich