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280-290s

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expecting to reach 2800

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then 85s and depending on how aggressive the pattern form. if its horizontal it has good chance of being bullish. if it continues to make aggressive lower lows and lower highs it will break

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before it makes recovery

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and break above

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would not be surprised if it breaks below before any recovery

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before any recovery is made to 18-20

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I think this isn't even the consolidation phase and it may break the 2200s as well since we already broke through that layer of support.

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refer to the box. even though it juts recently went down to the 90s under normal circumstances it would recover, but we are not in the market recovery phase and i think the recession is only the beginning. boeing had negative income in 2019 vs 2018. it has a huge expense cost or debt of 96bil with no income to compensate. probably will get a gov bail out.

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i think it should return to 138 at least.

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classic cup

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earnings coming soon but i dont think it will have a drastic drop as in its history hasn't shown a sign of a huge drop. avg 2-3 % drop. anyways from its current position it's still valid to go higher

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but before it does i think it should return to 1870 first

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recently broke through consolidation

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see the similarity?

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pretty simple

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give it about 2 weeks

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the set up looks good atm