Huge Inverse Head and Shoulder on the daily chart. I believe it will test the support zone highlighted in blue (could decrease a lot further if war is announced ) but will bounce back extremely hard to the 90k-100k range. LFG!
Based on the presentation that was presented today (Jan. 5th 2022) this stock will be heading to the supply zone on the chart. Currently holding some shares that I will diamond hand. Looking to average down when the time is right. I believe company will achieve greatness but will take some time.
I believe Boeing will return to its pre-covid levels sooner than later. Air travel will only increase overtime and orders for new air crafts (domestic/private/military) are starting to pick up. Please let me know what you guys think and negative feedback will not hurt my feelings so don't worry. 🤣
