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Boeing Stock : 737 Max Technical analysisInvestigators suspected that a newly implemented automated flight control feature, The Maneuvering Characteristics Augmentation System (MCAS) from Boeing 737 Max are the cause accident at Indonesian Lion Air (October 29, 2018) and Ethiopian Airlines (March 10, 2019). Aviation authorities around the world grounded the Boeing 737 MAX, and Due to ongoing regulatory uncertainties, Boeing said it would temporarily halt MAX production in January 2020. 737 MAX perform resistance line at boeing stock with target at 370 Bullish may push more higher to 482, because 737 Max its not the only plane that Boeing have. December 20, Boeing CST-100 Starliner (Crew Space Transportation) success with test flight, NASA allows Boeing to price and sell passage to low Earth orbit December 20, US awards Boeing $1.4 billion to support foreign AH-64 Apache helicopter fleets December 26, Boeing secures $560M+ in Apache orders, December 26, Boeing awarded $400M contract for B-1, B-52 engineering services and many more boeing new contract at end of this year. As of June 2019, the Boeing 737 MAX has received 4,934 firm orders and delivered 387 aircraft, if 737 Max able to fly again, Boeing stock will fly to the moon.
NYSE:BALong
by AzrulAzir