yauger

Still Bullish on BOEING

Long
NYSE:BA   Boeing Company (The)
Nearly two years ago I suggested that BA was looking bullish as it was sporting quite a nice pattern. Especially a pattern that looked unfinished. That was correct and now we are quite confident BA should be heading higher. Eventually that is as right now the right look suggest we might be moving sideways in a contracting triangle. We are currently ending the second wave implying once over we should see a decline follow by another up and down before really taking off.

Just be patient.

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