flyinkiwi10

Boeing trade entry and exit example

Short
flyinkiwi10 Updated   
NYSE:BA   Boeing Company (The)
Boeing still has around -9% to go. It might be worth a trade.

I am just watching. Not because I don't expect the price to follow my expectations - for other reasons.

However, Boeing is a significant proportion of the Dow (11.26% of the Dow: qz.com/1570338/boein...ct-on-the-dow-jones/). If you are watching the Dow, you would have noticed last weeks steep drop. Expect a lower high to be set in next weeks rally before the correction continues.

Let's see what happens. Protect those funds everyone.
Trade closed manually

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