Buy signal in Boeing
For those of us who believe that we'll get back on planes sooner or later, this is an interesting chart pattern for Boeing.
Well-defined risk bullish trigger on the stock. Ideal risk/return profile.
Recommended trade:
Buy Price: $174.70
Take Profit 1: $ 234.94 (39.94% upside) -> based on next resistance
Take Profit 2: $ 281.21 (67.37% upside) -> based on prior bullish movement
Stop Loss: $165.37 (-5.38%)
Well-defined risk bullish trigger on the stock. Ideal risk/return profile.
Recommended trade:
Buy Price: $174.70
Take Profit 1: $ 234.94 (39.94% upside) -> based on next resistance
Take Profit 2: $ 281.21 (67.37% upside) -> based on prior bullish movement
Stop Loss: $165.37 (-5.38%)
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