$BA
Added 2024-11-25 21:14:46 +0000 UTCThere has been a battle going on at the 0.78 Fib at $146 and the yellow support levels.
So far it's been evenly match but since the battle has begun, Trump has won the Presidency and Boeing is a cornerstone company of the US, with strong military contracts.
$BA is still not without its issues but the market is likely weighing up whether or not the worst is behind them.
A hold above the $146 and flipping the 50 Day MA to support at $152 is a good start.
Holding here and there can be a run up to the 200 Day MA next at $173....and then possibly up to the top yellow trend line at $260
Comments
Trumps go-to cost saving story as 45 was cutting a billion off the new air force 1 just contract with Boeing after 1 phone call.
Nick E
2024-11-25 22:12:51 +0000 UTCCap sorry to be contrainan here but after trump win , defens comps will go fown no? As cost cutting they will cut the waste out which BA has been a terrible Operation and Elon will defo work against giving them contracts
Bercan
2024-11-25 21:19:58 +0000 UTC
