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DrazTrading88
Aug 4, 2020 7:26 PM

Boeing Looking Attractive for 3rd bounce  Long

Boeing Company (The)NYSE

Description

Boeing touching the trend line for a 3rd time looks to be attractive. 4H chart even better. Each move up has been $80-$120, so averaging it out with poor news already priced in, I could see a $240-$250 with a stretch to $260 here. Cheers folks.
Comments
boostedbullish
Exactly my thoughts man!

check this out
DrazTrading88
@boostedbullish, yup! Just commented on yours as well. We will see what happens!
LetsBeMillionaire
wish this can be true....
DrazTrading88
@LetsBeMillionaire, We shall see. Higher Lows and Higher Highs and consolidation around that trend line and I believe it will bounce. All of the negative news is already baked into the price. With being heavily diversified and once air travel gets back going (which will take a while), BA I think will move Up.
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