BOEING - Wait For The Trigger!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

BA is overall bullish, trading inside our brown channel and since it is retesting the lower brown trendline and round number 200.0, we will be looking for trend-following buy setups.

on DAILY: BA formed a valid channel in red, but it is not ready to go yet. Before we buy, we want the bulls to take over again.

Trigger => Waiting for a momentum candle close above the last high in gray to buy.

Meanwhile, until the buy is activated, BA would be overall bearish can still trade lower.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich