$BA Breaking Out or Double / Triple Topping?
Boeing – This has been a frustrating name for me. It broke out in January, of which I caught some. But it has been in a range, a wide range for 6 months. I took advantage of the bad news on Tuesday, Jun 6 when it dipped and bought a starter at $202 (sometimes its better to be lucky) and added again today as it breaks above an area of resistance. However, it has entered Double / Triple Top Territory so for new entries at this level the caution flag should be out. My average cost is $210.05 and that is where I have my stop. This could be one for your watchlist because of both the breakout and high volume today, already near its 10-day average.
I hope this helps someone. These are my ideas and are not meant as investment or trading advice.
Thanks for looking. Constructive comments always welcome.
I hope this helps someone. These are my ideas and are not meant as investment or trading advice.
Thanks for looking. Constructive comments always welcome.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.