Boeing Company (The)
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Rectangle

189
BA broke down from a descending triangle and appears a rectangle has formed. Bad market days and BA busted down through the bottoms it has formed.

Now the bottom trendline of the rectangle, which is also the bottom trendline of the descending triangle became resistance. So BA needs to break that bottom trendline first, which looks to be trying today, Then this trendline will be support again.

No recommendation.
Nota
price has broken down from the rectangle and the descending triangle

Penafian

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