Boeing finally showing a trend

Technical analysis
  • Boeing showing support at the trend-line forming since the march lows.
  • A close below $152 is a break of the lower highs trend

Sentiment, technicals, and fundamental views for Boeing are weak. However:
  • risk-reward-ratio is very attractive
  • Still a global duopoly ( Boeing and Airbus)
  • Heavy support from the government to help it succeed


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