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inanis_
Jan 21, 2023 12:31 PM

BA Boeing Flying Above Ichimoku Clouds. Hara-Kiri for the bears  Long

Boeing Company (The)NYSE

Description

I've been invested in this from $130 it is 10% of my total investing and trading capital. The bad news is over for Boeing the stock is still trading cheap compared to the growth this company will have as the US - China Arms and Space Race heats up. Plus the future growth of the aerospace and defense industries in general. Target is for BA to test it's all time high of around $400 .

Trade closed manually

Sold this position. Overall a nice investment. Still long SPR which is a supplier to Boeing

Trade active

reopened this position. target is at least 300 within the next two years
Comments
phowops
Great investment! Higher possibility of you making more on the rally. Technically, price is in a range but the bias is to the upside since all bearish trends have been taking out. The range is visible more on the daily timeframe. On the monthly, market is in a bullish territory. I do believe once the range is broken to the upside at $219.18, we should see a rally to $250.25 There May be a slight resistance at $228.02 but once that is taken out, the target is $250.25. Cheers
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