$BA
Added 2024-03-27 13:31:21 +0000 UTC$BA has had major issues lately but the chart is following our projection extremely well.
The share price may fall down lower but I believe this is creating an opportunity.
This market has one of the hardest barriers to entry and with the FAA not allowing the Chinese to sell their aircrafts in the US, Airbus and Boeing effectively have a Duopoly on narrow and wide body aircrafts.
Their back orders are also full until 2029 from my understanding.
I will watch to see where support can be held....but with the CEO getting fired, that may signal the bottom.
Wave 3 is showing a +100% jump from here once support is held on the 0.618 Fib at $173
Comments
That's actually wild
Shawn
2024-03-27 13:36:31 +0000 UTC
