NYSE:BA   Boeing Company (The)
The Boeing Company (BA) has been forming a descending triangle with today's close resting right on a support that has been tested multiple times in the past week. With Coronavirus fears escalating again, the desire to travel and fly is falling. A bearish marubozu candle on the 1D chart may indicate a continuation of the downtrend and possibly break that support.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.