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RizeSenpai
Feb 28, 2024 3:08 PM

BA: Triple Bottom at Support with RSI Bullish Divergence Long

Boeing Company (The)NYSE

Description

The Boeing Company is attempting to confirm a Triple Bottom with RSI Bullish Divergence at the $200 Support Zone. If it plays out I think we could go back up to the 0.236 up at $212 and if we really get traction here, I'd suspect it'd g for the gap fill up at the 0.786 retrace aligning with the $250 level.


It's also worth noting that Boeing filled a downside gap as it pushed down into the support zone, so it's possible that will be the extent of the current wave down.
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