Boeing Company (The)
Panjang

BA Analysis

529
BA has been coiling and compressing since 6/11 in anticipation of a big move. While RSI has been consolidating as it dances around 50 we have had one big RSI Failure Swing from Cycle A ,B,D,F indicating loss of bearish momentum and setting up for a Long at next retest of Fail Point from Cycle F. The MACD higher high on Cycle G while price action made a lower high is used as an indication that momentum will be shifting soon. Cycle G to Cycle F produced a wide spread bottom on the SMI indicating a high chance of an explosive move to the upside in the next 1-3 Cycles.

Safe Options Play 8/21 200c
High Risk Play 7/31 200c

Penafian

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