vlad.adrian

Boeing - Weekly corrective double bottom

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NYSE:BA   Boeing Company (The)
3
A double bottom in an uptrend, I call it a corrective double bottom, not because I want to seem smart, but because there is no name or definition for this pattern. A double bottom is when after a downtrend, an instrument makes two equal lows. This is an uptrend, with a small correction that ends with a double bottom.

Look for 140 - 145$. Considering how old this uptrend is, it's hard to say if Boeing will go over the high at 144$
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