The Boeing Company BA

There is just one catalyst necessary to push boeing for another breakout

Its a waiting game

$BA can we push through the 200 day MA soon?

Move on up Boeing !

Mike if pattern repeats its possible.

Dow cant rise very much because RSI is at close 70 but we might see this shift from technology into other assets this is what will drive Boeing

100$ again no way. This will just see 100 again with a huge second wave forcing lockdowns or a financial debt crisis

RSI stands at 53 so it has plenty of room to run up

Ao here is my theory on the chart pattern.

There is the possibility its going to repeat but actaully rise not as much as the previous 2 times. I could see it jumping back to the previous high of 230$ forming a double top. From there its likely going to go down again to fight with the 197$ support. This should be a timeframe of 3 months.

Things could get uglier beyond this point because I think Corona will come back heavily in winter. Feb / March 2021 should be then the point where we rising past 230$ on a vaccine coming soon

Next week will show if technical patternsare in place

Good vlose above neckline

Looks super strong