What do you see? Bullish Pennant, Symmetrical Triangle?

If you see a bullish pennant, breakout from here to targets:
Target 1: $184
Target 2: $214

Commentaire:

Thats if you see it as a continuation pattern

If you see a Symmetrical Triangle, more probability to the downside below $90....
It did break above the symmetrical pattern at one point but shot down to $136. Still need confirmation from bulls or bears, Boeing is a dangerous trade right now.

Please let me know your thoughts

Commentaire:

Boeing has been one of the more annoying stocks to trade. As soon as it tries for a move, it consolidates on the 130-150 region. Something big is going to happen soon

Commentaire:

Update:
AGAIN BOEING WENT TO 144 DOWN TO 135. THIS IS IT FOLKS. UP OR DOWN. 50/50 PLAY RIGHT NOW. SINCE IT STOPPED AT 135 I SAY UP.