$BA MAX Takes Flight, Will Boeing Stock Follow.?

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The MAX takes flight this week once again with paying customers but
can the stock regain some elevation?.
Since early December the stock has underperformed and had one of its
worst losing sequences of 2020.
RSI is almost at mid-point a potential reversal level.
Bulls need to reclaim the 7/12/20 MA's as support to change the momentum,
while also breaking and closing above the local downtrend.
New longs may be better waiting until this achieved.

Penafian

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