BA Preparing for Launch

NYSE:BA   Boeing Company (The)
BA technical price analysis.

Cup and handle on 1 D it is almost done consolidating (or may be done) for the big launch. Lost trend temporarily but is back in (as expected in the last post). I would love for it to hit the support and 50 MA about $220, but a target of $280 (resistance) or $320 if BA decides to follow trend.

Fundamentally BA’s travel sector has better guidance with the vaccines. Well better guidance than in 2020 that’s for sure.

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