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Re: lab40 post# 70

Thursday, 05/07/2020 12:15:04 PM

Thursday, May 07, 2020 12:15:04 PM

Post# of 123

Welp, there's that (DK..) GAP-fill I was talking about! Now we see where we go next BUT I was buying BA as an oil-play. Personally, I think it's an INDICATOR! & as the price of oil goes UP,... the dow will likely mirror & that means Boeing as well in my opinion.

It's complicated but as The MOST BEATEN stock & an ICONIC U.S. company; with an election, Trump touting economic-recovery, the stock market, etc.. that's how I'm playing that one since BA is a huge DOW component, key aerospace, tech & commercial entity: I think it has a bunch of upside from the $446.00+ pre-Covid highs & is well-priced @ $316.00 OFF pre-Covid high. GL whatever you choose...

BTW, I would NOT be surprised to see that ~$24.33 tested DOWN INTO on DK either...
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