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quincytaylor109
May 8, 2021 10:51 AM

Boeing long position opportunity  Long

Boeing Company (The)NYSE

Description

Boeing stock has found support at the 0 level on fib retracement rising above both the 10 and 20 ema. Previous data suggests that the price almost certainly will bounce back to a minimum 0.618 or 0.5 on the fib retracement. There is no crossing on the MACD as of yet which is something to look out for in the week ahead. There is still a chance that the price will test the 225 dollar support level and again and if it remains strong then it is looking very bullish for the month to come.
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