BA out of down trend channel since June
Not sure where it will go honestly however it has broken the down trend. Obviously earnings should be factored in especially since there has been constant headlines of orders being canceled. I wouldnt expect their earnings report to generate any type of notable move however it does appear to have broken trend. Any plays on this in my opinion should be leaps, it des like to run when it happens but it fakes more than it runs!
167.49 is a 50% retracement from 13 week highs
171 area it should hit some resistance
Break over 200 DMA and we should be able to run to 175 area.
167.49 is a 50% retracement from 13 week highs
171 area it should hit some resistance
Break over 200 DMA and we should be able to run to 175 area.
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