BOEING, TIME TO FLY AGAIN BIRDIE (MONTHLY CHART)
BA bulls got shafted from the double top sell off at 265.
It is now breaking down through the monthly bull trend support. It is hanging on for dear life before the drop to $120.
rumors of BA having to dump shares to raise capital for the strike would be a great bargain for dip buyers.
Forgot if it was Peter Lynch or Munger. Maybe Howard Marks - one of them said one of the best deals is when someone is forced to give up shares, that is the best time to come in.
It is now breaking down through the monthly bull trend support. It is hanging on for dear life before the drop to $120.
rumors of BA having to dump shares to raise capital for the strike would be a great bargain for dip buyers.
Forgot if it was Peter Lynch or Munger. Maybe Howard Marks - one of them said one of the best deals is when someone is forced to give up shares, that is the best time to come in.
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.