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DrBandz
Jan 8, 2021 2:11 AM

Short BA Short

Boeing Company (The)NYSE

Description

"Boeing to pay more than 2.5 Billion to settle criminal conspiracy charge over 737 Max" (CNBC Business) As for the technical analysis. We can see that BA has hit its strong resistance not too long ago. This stock should fall back to its support level around 170 or even lower.
Comments
ktaba
When the news hit, it barely went down in after hours at -0.59%. This shows that it was already priced into the stock and now everyone can get past it and move on. Everyone knew this was coming. Boeing is going up to $240 range very soon!
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