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HighnLows
Jul 22, 2019 4:14 AM

BOEING going down 

Boeing Company (The)NYSE

Description

Potential Head and Shoulders Pattern

Bearish Divergence

Massive volume spike as it was sold down from its peak - noted by the black arrow on 4 March 2019.

Target for head and shoulders pattern and 0.618 retracement on weekly chart basically line up.

Looking for a potential drop to 185ish

I'll be starting to buy once it hits 0.50 retracement

Trade closed: target reached

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