Boeing price is dropping very quickly and will reach target near 190$ soon (lower channel border)
At 190$ i think it will start to recover
If bad news & problems continues and price close below 176$ long term bullish trend will end
At 190$ i think it will start to recover
If bad news & problems continues and price close below 176$ long term bullish trend will end
Note
Around 10$ far from target193-195$ will be a good entry point for a bounce
Note
Almost arrived, yesterday price dropped and closed previous gap but do not touch lower supporting trendline I think price will drop more next week reaching supposed entry point
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.