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haylettc
Jan 21, 2020 9:57 PM

Boeing Short (Wyckoff Distribution Structure) Short

Boeing Company (The)NYSE

Description

The fundamentals do not seem to be in Boeing's favor, and price action on the Weekly looks like a textbook example of a Wyckoff distribution pattern. I'm expecting this to be a pretty reliable short this year, save for the risk of manipulation due to the amount of significant players with NYSE:BA exposure.

Trade active

The entry target was just reached. Taking a position now.

Trade closed: target reached

Target was reached. In case of market rebound, exits should be made now. Enjoy the profits. SL was ALMOST hit. Haha.
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