Boeing: Approach for a Landing 🛬

BATS:BA   Boeing Company (The)
In line with our primary scenario, the Boeing stock price is pitching further downward. Soon, the magenta wave (2) should find its completion above the $176 mark. Subsequently, we expect rises above the resistance at $267.54. However, this primarily anticipated uptrend could be interrupted halfway. If the price reverses before reaching the resistance at $267.54 and falls below the $176 mark (37% likely), we will have to assume that it will land in our dark green Target Zone between $172.25 and $130.78.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.