Boeing Update | Key Area | Opportunity to Take Profits | NEUTRAL
I first featured Boeing (
BA) back on May 27th, 2022 as a LONG / buy and hold. Since that call, the trade is up 40%+.
Boeing is also at a key area and looks as though it will pull back. Yes it could break out (buy and hold). I personally think Boeing will fail here, how deep - I don't know (we never know), offering a great opportunity to take some profit after a 40% move. For now, I am shifting my outlook from LONG to NEUTRAL for now.
Good hunting! 🤑
God Bless!
BA) back on May 27th, 2022 as a LONG / buy and hold. Since that call, the trade is up 40%+. Boeing is also at a key area and looks as though it will pull back. Yes it could break out (buy and hold). I personally think Boeing will fail here, how deep - I don't know (we never know), offering a great opportunity to take some profit after a 40% move. For now, I am shifting my outlook from LONG to NEUTRAL for now.
Good hunting! 🤑
God Bless!
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