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BA - Channel breakout test

Long
Boeing Company (The) (NYSE:BA)  
CheelooTrader  
NYSE:BA   Boeing Company (The)
Trend Analysis Parallel Channel boeing travel
2
0
trendanalysis parallelchannel boeing travel
  • MAs converged nicely+++
  • Price holding above all MAs++
  • Price still below 3D VWMA and 200 DMA --
  • Lack of volume and follow through --
  • Oil prices -

Takeway: still needs to build above 225 to absorb the overhead supply...might start to ramp into summer as travel picks up again.
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