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dman103
Nov 21, 2020 7:12 AM

BOEING (BA), Where now? Long

Boeing Company (The)NYSE

Description

About Boeing: The Boeing Company is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers.

BA is very interesting, here is my technical analysis:
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Two possible expected outcomes:
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If BA BREAKS DOWN 196, it can reach the range of 180-188.
It's a great place to collect BA.

If BA DOESN'T BREAK DOWN 196, it can continue to climb and you can also enter BA.
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Or if we are Wrong:
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if BA BREAKS DOWN 180, it will return to it's 160 levels.

Remember BA is affected by Corona news has BA declined a lot because of the Corona as Corona effect the whole Aerospace industry.
In general BA is LONG for the long run.

Long run first target is 300.
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