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BA, buy the dip candidate, but still choppy futures ahead.
Boeing Company (The)
Long
BA, buy the dip candidate, but still choppy futures ahead.
By js0ng
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Sep 10
1
Sep 10
after breaking out monthly descending wedge and hitting $265 high, we are now at the 200MA around $160.
stock will likely chop in the highlighted triangle.
very choppy from 160-190.
still choppy from 194-265.
it is at the buy the dip zone. it is now at the breakout level at ~160 from the december 2022 highs that led to 1 year rally up to 265.
Trend Analysis
js0ng
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