Home About the company Daily reviews Trading ideas for Boeing Co. (NYSE) 08.

Trading ideas for Boeing Co. (NYSE) 08.

08.11.2019

Market Review

The stock is trading in the upper limit range of the descending price channel. The pivot zone of 362.0 held back buyers, and Stochastic Oscillator indicator signals oversoldness. A start fractal has formed below the 135 moving average from the upper border of the price channel.

Trading recommendations:

Sell at the breakout of the start fractal (353.00).

Stop Loss for fractal stop - 362.00.

Target levels - 339.00; 327.00.

Author: admin
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