Boeing Company (The)
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BA Buy Zone Triggers Short-term Pros

BA is definitely below its current fundamentals for the 1st quarter of 2024. This was the biggest gain of all the Dow 30 components yesterday.

It was an obvious reversal point at a prior Buy Zone at October's lows. Yesterday was driven by pro traders with a run up at open rather than an HFT gap up at open. We can also see the pro trader nudge pattern in the candlesticks before yesterday's move up.

It may consolidate before running up, but this support level is now established for the next move up.
accumulation_distributionBeyond Technical AnalysisbuyzoneCandlestick AnalysiscandlestickpatterndarkpoolsfootprintfundamentalsvstechnicalshighfrequencytradersTechnical Indicatorsprotraders

Martha Stokes, CMT
ttrader.im/tv-candlesticks

Learn how to use the technical patterns of each market participant for better trade planning.
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