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Boeing Company (The)
Long

BA Boeing

By RomanTraderMD
Updated
We saw in January 27 2020 and 1 February 2020 a 2 bottom formation (bullish sign ) , but for now I can identify the top of rising wedge and seams to be a bull exhaustion with a small pullback. In a long term I`m bullish on BA with the vaccine the Aerospace & Defense Industry and transportation sector can come back to normal.
Note
On a Weekly time frame we are hitting 200 SMA, a small pullback incoming. We can retest 240 area.
BAboeingboeingstockChart PatternsTechnical IndicatorsTrend Analysis
RomanTraderMD
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