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JesusHentaiChrist

BA - Rumors on China Resuming 737 MAX Testing (and orders)

Long
Boeing Company (The) (NYSE:BA)  
JesusHentaiChrist  
NYSE:BA   Boeing Company (The)
Trend Analysis Fundamental Analysis Beyond Technical Analysis
5
3
trendanalysis fundamental beyondta
China is in dire need of new planes for their aging fleet, domestic options are too risky and would cripple any longer term visions on a Boeing/airbus competitor.
Stock price jumped at EOD on the rumor, prompting an official response from a BA spokesperson giving some credibility to the rumor.

Target 248 at gap close, watch premarket tomorrow closely for confirmation of the breakout.
Drop a follow if you agree
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