The Daily Chart of
BA
shows where the probable support will halt the selling for Boeing.
The long sideways trend is close to being a platform. The highs, or within the highs of the range, should provide strong support for the stock.
If it dips deeper, it is likely to be temporary and should shift back to the higher area of the sideways trend.
The long sideways trend is close to being a platform. The highs, or within the highs of the range, should provide strong support for the stock.
If it dips deeper, it is likely to be temporary and should shift back to the higher area of the sideways trend.
Martha Stokes, CMT
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Learn how to use the technical patterns of each market participant for better trade planning.