Ajion

Price Consolidation till 2024. Expect more downward pressure

Ajion Updated   
NYSE:BA   Boeing Company (The)
Easy bull is over for BA. I expect more selling action, and more volatility.

If this is an end of wave 5, then expect ABC pattern here.

How it is going to look or what it is going to form into , we need short term look at this.
https://finviz.com/quote.ashx?t=ba

It is very possible for us to hit $240, with $250 being the psychological price for push back to $500.

As you can see most tarketing it higher highs, before the fractal event. Now, we have a first Downgrade of stock valuation.
Even Morgan Stanely suggested overbought.

Range Trading philosophy would be advisable at this point.

If there is going to be another accident after sofware fix, expect even more selloff.

As you can see in the past, BA had strong sell off events. Average sell off is 40% so ATH being 446, 240/250 seems about right.

Good luck everyone ;)

**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support

~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/

If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!

Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!

Thank you,
Ajion





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