Mausty

Possible bounce areas for BA

NYSE:BA   Boeing Company (The)
BA has fallen from the sky, looking for a safe landing spot. I have marked 2 possible zones where BA could get some relief. First zone (red) i see as weak support, possibly causing price to retest the .786 fib ($314) then back down. Second zone (green) i see as very strong support, which i expect a strong rebound to happen. Landing in the green box provides .618 fib support ($268) and the 50 week moving average. This also lines up very well with my pitchfork which helped me identify the top of BA.

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