Boeing Company (The)
Long
Aggiornato

BA About to Take Flight!

244
Divergence (yellow lines) on the 1hr, broke out of trend line (turquoise line) yesterday. Anticipated a slight drop today and entered light, but waiting on the cross on the 50 EMA for upward entry to add.

- BA has been inside a symmetrical triangle on the daily and 4hr for quite some time and approaching the end.
- You can also see a possible H&S to the upside.
- Additionally, almost 20pt drop in 3 days then consolidation. Could be a pump?


Considerations:
- Flights ramping up after COVID
- United airlines purchase of new fleet of planes (good or bad)
- GE executive hired as new CFO of Boeing
Nota
Fell below the support. It could come back, but I doubt it. Don't like this one anymore.
Ordine annullato

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