Boeing - Picking a Bottom
Basically, I know nothing about TA. This stock has done this type of thing repeatedly, it wouldn't surprise me if it rises significantly over the next few days. I included a take profit and stop loss rule. I'm not as confident that this stock will be one to rise over the next few weeks as I am of Visa, which is why I have the take profit set to 4%.
The analysis is that buyers of Boeing tend to push it up after it falls to this extent - so I'm long.
The analysis is that buyers of Boeing tend to push it up after it falls to this extent - so I'm long.
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