Slothcharts14

BA - Boeing Long Term Recovery

Long
NYSE:BA   Boeing Company (The)
BA proved time and time again that they are a strong company. Sure there could be some problems with certain segments but overall very few areas of the market can you find this quality of intrinsic value & dividend - Equities at least for this posts sake, IMO.

Clear break of the downward range I've been outlining in recent posts - RSI & MACD need to cool off a bit but today's move also had some recovery from the weeks prior - so pretty expected outcome with todays media coverage also considered.

It's never an easy road to recovering back to ATH but Boeing has potential to make explosive moves in the Short to Near term - assuming media events & a little luck comes our way. 737MAX Clearance coming closer and closer & add 200 more planes to the sales list after today. All good things.

Always long with BA - GLTA
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