Boeing Co. has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 13 days and suggests a target line to be around 247.65 within the next 2 days.
Related Posts
AAPL heading towards a price it has tested 5 times in the recent past.
AAPL is moving towards a line of 209.3100 which it has tested numerous times in the past. We…
A Channel Down has formed, META is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
META is moving towards a resistance line. Because we have seen it retrace from this line before, we…
V is quickly approaching a very important level it has previously tested numerous times in the past
V is moving towards a resistance line. Because we have seen it retrace from this level in the…