Boeing Update | Key Area | Opportunity to Take Profits | NEUTRAL

I first featured Boeing ($BA) back on May 27th, 2022 as a LONG / buy and hold. Since that call, the trade is up 40%+.

Boeing is also at a key area and looks as though it will pull back. Yes it could break out (buy and hold). I personally think Boeing will fail here, how deep - I don't know (we never know), offering a great opportunity to take some profit after a 40% move. For now, I am shifting my outlook from LONG to NEUTRAL for now.

Good hunting! 🤑

God Bless!