ChartProphet

Yet Another Boeing Triangle, $155 seems likely.

Corto
NYSE:BA   Boeing Company (The)
Boeing is fundamentally screwed and on a technical level we have yet another descending triangle. Support for a bounce at $155 is possible but I don't trust this company for much of a bounce after the last rally. That rally was BS. Maybe government contracts could pump BA but not much else at this point. Perhaps a buyout, perhaps nationalization but they wont make it on their own.

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