Price has broken flag after failing to reach lower tramline-a potential indication of strength.
The stock could also be starting wave 3 of Elliot wave theory which are long and strong in character.
Stop loss around 347 and targeting 440 initially which is about equal to the first wave 2 move.
I would say the aerospace industry will remain pretty strong given the current conditions of increasing passenger rates and demand for aerospace parts so a long position is fitting.
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.