Boeing potential short

20 июл. 2020 г.

Boeing has just fallen completely out of its daily wedge. If it falls, it has the potential to fall to $120, and maybe if we are lucky, $90. However, if it goes the other way, it can rise to $235, and then back to where it was before coronavirus at $347. Along with the rising coronavirus number which causes even more fear of travel, the wedge shows that Boeing now has 2 reasons to fall. July 31 options are pretty cheap and can bring in a ton of money.

If you find my ideas helpful, please give me a like and a follow. Thanks!