Dark Pool Buy Zone Patterns: BA Example

NYSE:BA   Boeing Company (The)
A corporate aggressive stance to accelerate Boeing's recovery from the pandemic created buying activity during the index sell down over the past few days.

BA is one of the few companies on the Dow moving up while the majority of components were being sold down.

This is an example of how quickly a stock can reverse from selling down to resumption of its trading range or bottoming action. This is a range-bound run up. The technical pattern has some pro traders in the mix. The run is above the accumulation level for Dark Pools.

Martha Stokes, CMT

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