Bullish S/R flip on Boeing, could rally higher.

Boeing (BA) recently had a bullish S/R flip on the daily on top of a prior resistance zone around the 375-380 region. There remains a gap in the price action around 415, so that might be a possible target area. I am also watching the 400 level. This company has had a lot of bad news and bad publicity around it for some time, and in that, there might be opportunity for this to rally higher as I still think Boeing is a good fundamental company.

-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.

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Commentaire:

Back in that support zone:

Commentaire:

Continuing to respect the bullish S/R flip around 375-380:

Trade fermée manuellement:

Hit 391, but broader market is looking very weak. Sitting on the 200 day MA for now: