Boeing Company (The)
Short
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It is time to short boeing.

343
All right folks, boeing on the 1day has officially broke the VWAP and has continued to fall post-market. Now is a good time to take advantage of the negative news as well as the market correction. Delta rising, boeing problems rising (mechanical, etc).

Why short boeing
  • MACD bearish volume with no curve
  • VWAP broken without big bounce at VWAP
  • RSI has new LL


Targets:
192.36
175.42
Falling to BBand at 158 would be pushing it but for a longer term holder could be plausible.
SL @ 219

Good luck

Please note: I do short term holding, will not hold this position longer than a day or two. Check back for updates.
Note
Closed at 214 & reversed

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