VasilyTrader

BOEING (BA): Too Big To Fail?

Corto
NYSE:BA   Boeing Company (The)

obviously fundamentals are dark and horrific for Boeing
but "someone" :)) is still buying it from support no matter what.

I believe that after the actual recovery the stock should drop once again to a strong weekly support
and while more and more people will start shoring, I still think that in the long run it is gonna go much much lower.

the first safest place for us to short is 364 level

with stop above 382 we will have a great chance to short the stock being protected.

I will breakeven the position after 336 level aiming at 308
and then we will see...

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