Boeing Co. has broken through a line of 207.56 and suggests a possible movement to 203.97 within the next 7 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.
Related Posts
AVGO is approaching a support line of a Flag. It has touched this line numerous times in the last 8 days.
Emerging Flag pattern in its final wave was identified on the AVGO 1 hour chart. After a strong…
CVX is quickly approaching a very important level it has previously tested numerous times in the past
CVX is moving towards a resistance line. Because we have seen it retrace from this level in the…
GOOGL – approaching a support line that has been previously tested at least twice in the past
Emerging Triangle pattern in its final wave was identified on the GOOGL 4 hour chart. After a strong…