Boeing Bottom?
Updated
To no surprise, the travel industry has been beaten down more than the rest of the market. Between plane malfunctions, travel restrictions and more, Boeing is way oversold-- sitting down ~40% this month. Entering at the $160-170 range, where previous resistance turned support, should be a 'safe' place to buy for a quick flip.
Comment
May have jumped the gun a bit! Look for 200MA as next supportDisclaimer
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