Thursday, January 10, 2019 12:26:21 PM
Shares of Boeing (BA) have surged from $293 back to a high today above $350. This move coming in two weeks. Analysts are jumping back on the Boeing bandwagon and investors love it again. However, the chart signals a pull back coming, likely down to $330. The short level is anything above $350 as there is a major trend line sloping down from the pivot highs of September 2018 and November 2018. Note the chart below.
Gareth Soloway
InTheMoneyStocks
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