NYSE:BA   Boeing Company (The)
BOEING is down over 50% from it's highs back at the start of the year. Will BA have enough strength to hold through or will it lead the market down another hole...
The stock currently sits above what has proven to be strong support @ $153 but before we play this one we need confirmation.
Watching the orange trend line as support/resistance , it holds strong on the weekly timeframe .
Possible long on a break and hold of resistance @ $190.
Upside targets: $234
Possible Short Entry pn break and hold below $153

Caution needed with this stock as it continues its push up. Seems like it's due for a correction in a few months.

DotcomJack | Michael Jordan of Stonks
Comment: Very close to our short trend-line. Will wait for a break and confirmation before entering a put position.
Comment: Ended up going bullish on this today for a quick day trade, waiting for confirmation.

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