dmamaril

BA - Waiting on The Runway

Long
NYSE:BA   Boeing Company (The)
Why are my titles always cheesy AF? Still a shaky time for the market as we're getting increasing number of COVID cases and some states reverting back to a full, extended shut down, meanwhile we're getting more and more positive treatment updates. We could be at the top of this run, however the strength behind today's move gives me reason to believe we'll continue to reclaim some higher levels. Keep a close eye on how it responds at these levels b/c this is the 0.618 fib level and could easily pull back down the 0.5 fib. Remember: it's better to be late than wrong!
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