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dorfmanmaster

Boeing finally showing a trend

Long
Boeing Company (The) (NYSE:BA)  
dorfmanmaster  
NYSE:BA   Boeing Company (The)
Trend Analysis Fundamental Analysis Beyond Technical Analysis lowerhighs BA boeing transportation reopening airbus JETS ITA aerospace
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trendanalysis fundamental beyondta lowerhighs ba boeing transportation reopening airbus jets ita aerospace
Technical analysis
  • Boeing showing support at the trend-line forming since the march lows.
  • A close below $152 is a break of the lower highs trend

Sentiment, technicals, and fundamental views for Boeing are weak. However:
  • risk-reward-ratio is very attractive
  • Still a global duopoly (Boeing and Airbus)
  • Heavy support from the government to help it succeed

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