Boeing can fly again to higher altitude due to success in covid19 vaccination and the soon returning 737 max plane family. Success against covid will be priced in the course earlier than in business results. Technically it can repeat its last move and MACD is also tries to show buy signal. If we do not have a huge market crash again (good chance due to crazy QE), covid loser sectors can catch up to leading sectors compared to the overbought ones. It is a long term investment, rather than a trade! Let's see!
Trade active
Investment idea is still valid and due. Hold.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.