yauger

Another way to label Boeing

Long
NYSE:BA   Boeing Company (The)
2
A while back I offered a scenario for Boeing as being in a large sideways correction that would eventually propel the stock to new high. I am sill bullish BA. I am just thinking that maybe it is going higher right now which would align it with my rather bullish view on the Dow and even the banks as shown using BK. Thus, whatever happens short term I am bullish long term for Boeing as long we don't have a nice impulse wave up that gets close if not above the upper trendline of its bullish channel.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.