#BA [Boeing Company] [W1] A Breakout or?
BA Has recently tested the weekly demand zone around 212. The stock been in a downtrend since March 21. Having looked at the broken descending channel, do you think we are having a breakout? Next few weeks will tell. Price last week has reacted to the lower wedge of the main channel that was created back in May 20 and the very long respected wedge that been extended since July 2007. This is a significant zone for this stock to react to the upside targetting a price around 290 : 300.Follow for more ideas...
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Feragatname
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