To no surprise, the travel industry has been beaten down more than the rest of the market. Between plane malfunctions, travel restrictions and more, Boeing is way oversold-- sitting down ~40% this month. Entering at the $160-170 range, where previous resistance turned support, should be a 'safe' place to buy for a quick flip.
Comment
⋅
May have jumped the gun a bit! Look for 200MA as next support