737 MAX the sequel -60% off
Again my assumption is that we shall travel again soon is looking quite likely with our protective measures in place .
The only thing in life which is constant is change so my guess is Boeing is set for a rebound since this level is very attractive with almost a 60 % discount from its all time high of 446 .
its already bounced 170% or so from 89 to 239 and on the lower time frame look set to blast off out of the 5% range its been chilling in.
MACD looks like reversing up and has bottomed out,so probably a few good weeks ahead.
Shall do a low time frame next to see if its worth hopping off some other positions into this short term to catch the meat of the imminent move up .
Haven't look into too deep into this FA wise but figure price is cheap and every company deserves a break after a crap year or 2!
The only thing in life which is constant is change so my guess is Boeing is set for a rebound since this level is very attractive with almost a 60 % discount from its all time high of 446 .
its already bounced 170% or so from 89 to 239 and on the lower time frame look set to blast off out of the 5% range its been chilling in.
MACD looks like reversing up and has bottomed out,so probably a few good weeks ahead.
Shall do a low time frame next to see if its worth hopping off some other positions into this short term to catch the meat of the imminent move up .
Haven't look into too deep into this FA wise but figure price is cheap and every company deserves a break after a crap year or 2!
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