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Boeing Trading Analysis (23/07/2024)

23.07.2024

Market Review

The descending wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.

Trading idea:

Buy when the formation of the ascending wave structure begins, when the wave A breaches the 179.00 (pivot 2 of the wave С).
Stop-loss at 177.15.
Price targets at 182.50 and 187.30.

#boeing #stock #stocktrading #tradingstrategies #tradingmt5

Author: GC

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