BullishCharts.com

[TFMG]

$BA | #Boeing Bears May Need To Jump Soon.



The Bull case has been building , there is a notable swing in sentiment amongst
some quite resolute bears, todays successful flight was a huge relief to long term
bag holders, although details are limited.
In my opinion $173 is a very significant level to break, where we have the sloping channel and
overall Fibonacci .236 retracement resistance.
The next level to watch is $187 - $192 where previous rallies have found a major roadblock.
Lets hope for the industry we see the $200 level in the weeks to come.
Will be on looking for large spike in volume to give the green flag.