WillNixTrading

BA (Beoing Long)

Long
WillNixTrading Updated   
NYSE:BA   Boeing Company (The)
Whats up Traders -

Boeing is looking Bullish from a TA standpoint.

Fundamentally, i feel a momentum in favor of a good earnings report in October. Id like to trade this momentum, and enter a long trade with the right circumstances.

See analysis on the chart.
Comment:
Timing was off on this one, however, i do believe Boeing is still following tend - within the ascending triangle.

All else equal, and no major movement in the General market, look for a breakout above the ascending triangle for a buy

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.