BA: Triple Bottom at Support with RSI Bullish Divergence
The Boeing Company is attempting to confirm a Triple Bottom with RSI Bullish Divergence at the $200 Support Zone. If it plays out I think we could go back up to the 0.236 up at $212 and if we really get traction here, I'd suspect it'd g for the gap fill up at the 0.786 retrace aligning with the $250 level.
It's also worth noting that Boeing filled a downside gap as it pushed down into the support zone, so it's possible that will be the extent of the current wave down.
It's also worth noting that Boeing filled a downside gap as it pushed down into the support zone, so it's possible that will be the extent of the current wave down.
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.