nirmalc83
Short

BA Short

NYSE:BA   BOEING CO
Short below 319. If gaps down, wait for retest on a moving average or 319 level. Target based on height of the inverted cup is ~270 (also 200 day MA is around that level). But 300 is good support below.

Initial target is 300, if that doesnt hold, 270 next.
Comment: BA had a intra day bullish push towards 330 today (strong 10 point move). Finally got caught in market weakness and closed around 321 (still green for the day).

Short idea not triggered yet. Watching closely. Relative strength in this strong makes me thing 319 trigger might not break downwards. Lets see.
Comment: Crazy market. Engulfed past 2 days of bullishness. Waiting for 320 break for downside action.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out