BA
Hello, traders!
Today I decided to share with you my observations on Boeing.
Well, it seems that company began to cope with his problems.
What's on a chart.
From early July to the current moment in the shares of this paper there was a lot of short money.
If you look carefully at the chart, you can see that from July 7, the paper was brought under the support level 180.
On July 15, an attempt was made to leave the channel, but the long money was not strong enough, and the negative news background and the pandemic, which directly affects the situation in the company, played its role.
Since September 25, the situation has changed.
A long player appeared in the paper. Paper was put back into the channel, above level 166.
Even in spite of a strong gap of 6 dollars on reports of Trump's disease, the paper confidently played back the fall.
Yesterday, the instrument was able to take the internal resistance level of 170.
As for the general idea for this paper:
I will observe the approach of the paper to the resistance level of 180.
If we confidently go up and come up on small bars - I will open the long above the level.
I think it would be a good idea to take a ride above 180.
Comment:
Well, friends, here it is, bear grabbing..waiting to continue.
Comment:
Thank you, Presedent Trump, for rejecting a stimulus package. Many new traders have lost their deposits today. Not me, but anyway, the market is no longer a market in its classical sense. Now the market is a policy.