BA (Beoing Long)

Whats up Traders -

Boeing is looking Bullish from a TA standpoint.

Fundamentally, i feel a momentum in favor of a good earnings report in October. Id like to trade this momentum, and enter a long trade with the right circumstances.

See analysis on the chart.

Kommentera:

Timing was off on this one, however, i do believe Boeing is still following tend - within the ascending triangle.

All else equal, and no major movement in the General market, look for a breakout above the ascending triangle for a buy