BA seems to move in explosive moves followed by slow drag down. Seems like we are starting that explosive move and it probably won't last longer than 2 weeks. Airlines and cruiselines are already exploded past the previous highs and Boeing was being held down by a bad news from last week about a crash. Once it starts moving which it already is it will move fast and with high volatility.
BA will continue upwards to $300 this year, not in a straight line, much like the rest of the broader market. 2.5B fine..stock went up. 12B fine..stock went up. Indonesia crash..stock went up. 777, 747 AND 758 engine issues..stock went up. I wouldn’t get in the way of this stock. Bears will get burned. All bad news prices in. The previous pull back from mid December to beginning of February was because it shot up $100 in less than a month, so there was some consolidation taking place. BA has done that and it doesn’t two engines to fly high!