Boeing Company (The)
Panjang

BA breakout with high volume

165
Recently BA has reached the TP1: $132 and later on TP2: $252 following the trend lines, in different waves.
Now it broke the ascending wedge for briefly and retraced, but on a closer view we can see a double bottom in another ascending wedge formation.
BA could either reach $155 and retrace, or if it finally breaks up it seems to have little resistance until the $330 with a +30% reward for TP3.

Happy trading!

Penafian

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