Boeing Company (The)
Updated

Rectangle/Another Crisis?

346
Price is bound between 2 horizontal trend lines.

The top is resistance and the bottom is support. Neutral pattern until broken.

T1 for a break to the upside is in larger green type then T2 in smaller green type and so on. Many would look to T2 only if T1 is passed.
Orange type are targets to the downside if support is broken with a confirmed trend in that direction.

News event: Boeing 737 deliveries are partially halted after new issue was found.
Earnings 4-26 AMC

No Recommendation.
Note
This could be a rectangle top/so be safe as always
Note
I never quite meet the ground )'
Note
5/11/23
Still in rectangle.
snapshot

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.