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DerekD_
Jun 15, 2018 5:56 PM

$BA A1 Put / Short entry  Short

Boeing Company (The)NYSE

Description

Little surprised price didn't see more of an upside, but that's not reason enough for me to get long. Neg MFI divergence + key eye sore is break of 20 EMA as support. $335 give-or-take target price short-term. $315 target price near future.
Comments
yoastygoes7
We go up tm IMO. they will shake puts out tm and resume heading lower.
DerekD_
@yoasttheghost, I wouldn't be surprised to see a gap fill. I was up solid as hell on my puts but that 55MA acting as support I decided to take some profits & see if/when/where next leg up would be. Three white knights for a gap fill without any new highs would be A1 for another short entry
JAXMES
good call... Wish i saw this before... Also, Tariffs are helping a lot too
yoastygoes7
We'll see come Monday, May have stopped at 350ish Major support area and Bounce back up . They have lots of deals so hard to imagine for me that this stock goes lower. People who Panic out IMO don't understand the value here and they are selling too early..
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