BA, short
The following projection is only my personal opinion
It cannot be construed as a BUY/Sell call.
Ever since the COVID19 started in 2020, Boeing has been thrashed like no tomorrow once.
This is compounded by the fact that its safety record wasnt that good with many violations.
The support zone of 75 - 100 is crucial in mid term.
If this cant hold, geometrically, price could cut through all the way (not in straight line)
within next 1-2 years.
It cannot be construed as a BUY/Sell call.
Ever since the COVID19 started in 2020, Boeing has been thrashed like no tomorrow once.
This is compounded by the fact that its safety record wasnt that good with many violations.
The support zone of 75 - 100 is crucial in mid term.
If this cant hold, geometrically, price could cut through all the way (not in straight line)
within next 1-2 years.
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