Looks like we are in the final stages of a triple combination correction Wave. If this plays out, there is a huge long potential. I will be looking for a move through the trendline and the 200MA and if it holds above I will take it to the long side.
*This is my personal analysis and no financial advice. Please make your own educated decisions when you invest your money. Good luck!
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Boeing released some bad news about new defects in it's 787 Dreamliner. This might invalidate this idea.