Squishybrain

Boeing is back!

Long
Squishybrain Updated   
NYSE:BA   Boeing Company (The)
I have forgotten about BA for quite sometime. But it attracted my eyeball on Feb 23rd when almost every symbols on my trading client are red, BA appeared to respond very steadily.
When I studied its price action further, apparently i has formed two solid bases during the last year, and it has also broken the downward trend line on Feb24 with a strong uptick candle.
Toping it up with the vaccine progression, It has given a very bullish signal and should have no problem to hit the 290 price range once it manages to break thru the recent short terms high in 230-240 price range.
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