Boeing finally showing a trend
Technical analysis
Sentiment, technicals, and fundamental views for Boeing are weak. However:
- Boeing showing support at the trend-line forming since the march lows.
- A close below $152 is a break of the lower highs trend
Sentiment, technicals, and fundamental views for Boeing are weak. However:
- risk-reward-ratio is very attractive
- Still a global duopoly (Boeing and Airbus)
- Heavy support from the government to help it succeed
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