Similar patterns reflecting Boeing's last breakout. September can be a huge month for Boeing for several reasons.
- Vaccine news/rumor hype
- Tech sector taking the shine this month, with potential vaccine news there could be a sector rotation of sorts.
- Is in the works of supplying fighter jets to Canada for $12 billion
- Has a $162B in assets and $61B in total debt, so they're in a decent financial standing
The first two reasons I listed were big catalysts in Boeing's last breakout, and may play a far similar factor in the upcoming breakout!
BULLISH
- Vaccine news/rumor hype
- Tech sector taking the shine this month, with potential vaccine news there could be a sector rotation of sorts.
- Is in the works of supplying fighter jets to Canada for $12 billion
- Has a $162B in assets and $61B in total debt, so they're in a decent financial standing
The first two reasons I listed were big catalysts in Boeing's last breakout, and may play a far similar factor in the upcoming breakout!
BULLISH