BA has been bouncing around in this area for a while now after a really strong bull run over the last few years. As a big competitor in the airline business its no wonder it keeps its value even in tough times. The reason I believe this to still be a cheap stock and looking to see BA go further 1, 2, 3 years down the line is taking into consideration the space race we are seeing... or maybe you haven't been seeing it. Boeing has a major hand in space technology and its no secret that SpaceX is pushing as hard as they can to make it to Mars first and provide private passenger space trips around the moon. When you think we've seen everything already... stop and think again but in a much bigger picture and when I say bigger picture I mean literally out of this world. BA will see challenges in a struggling market just like anyone else but it is definitely an investment of the future. Pretty soon we aren't just going to need airplanes anymore. This Bull Flag is just one more step into another hopeful breakout.
PSA: Needless to say this is all my opinion and I'm not a professional so please do your own research before investing.
PSA: Needless to say this is all my opinion and I'm not a professional so please do your own research before investing.