Boeing testing the big 173 level again today

2020年8月12日

Boeing retesting a major level. I am long and added today. Stop under 170

Here is my last Boeing analysis. You could see the updates if you scroll down.

2020年8月13日

注释

Tagged 173 at the open before ripping upward. Lows need to hold and a break above 179 is needed, ideally today.

2020年8月13日

注释

173 held today but we did not see a break above 179 like I was looking for. Boeing may be entering a consolidation phase that will expose tight stops. As a longer time frame trade it remains a hold. For short term traders I think we could expect more challenging volatility. There will be easier trades elsewhere until 179 is broken.

2020年8月14日

注释

Happy to see the stop wasn't hit today - 173 held again. Good action as it moves back toward 179

2020年8月17日

注释

I think we see a break above 179 today as we tighten up in this potential consolidation zone:

2020年8月18日

交易结束：到达止损

I got stopped today. Price action doesn't say much as it still does not negate a hold, but it's an opportunity cost for other trades.