$BA - WATCHLIST -
Added 2024-09-25 15:24:45 +0000 UTCNo changes to our chart here but I am bringing this back to your attention here because the price is approaching a crucial support level now
The 0.78 Fib and the bottom yellow trend line are aligning at $146.
If we see a hold on this level then Wave C could be complete
Boeing is not without risks, it has had a few tough years that they were clearly publicised
But Boeing is a sector leader and has incredible military contracts too to protect its commercial side, they also have a backlog of orders until the end of this decade
So I suspect $BA will have no problem recovering and they normally get most their forward orders during a recession as airlines take advantage of cheaper deals available.
So $146 needs to hold, otherwise you wait.
