TodRose

Boeing chart analysis price is holding support zone for now

NYSE:BA   Boeing Company (The)
Boeing chart analysis price is holding support zone for now, between 300 - 330! Break below that zone may offer good short with first target the Monthly 50 EMA around 280 and 0.500 FIB at 275 as first target and second target maybe 0.618 FIB around 230! On the other hand if this support zone hold and the price break above the descending tingle on the daily we may see recovery in the stock price and bullish run toward previous all time highs at 445!

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