Trading idea for Boeing Co. (NYSE)
#BA
The general trend is downward. On the H4 timeframe, a "shooting star" reversal pattern was formed. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought.
Trading idea:
Sell on a breakout of 163.00.
Stop-loss: 172.00.
Target levels: 152.80; 142.40.