Trading ideas for Boeing Co. (NYSE) 29.04.2020

#BA

The US is gradually lifting the COVID-19 lockdown. It’s because of those restrictions that the Boeing shares had fallen.

The stock is trading in a downward price channel. A bullish divergence has formed on Awesome Oscillator, and the moving averages of Stochastic Oscillator have moved out of the oversold zone.

Trading recommendations:

Buy strictly while an ascending 1-2-3 pattern is forming above the upper border of the descending price channel.

Stop loss: 120.00.

Target levels: 185.00; 214.00.

The #BA shares online: monitor the movement of the shares in real time.