Boeing Co. has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 13 days. This breakout shows a potential move to 240.72 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Could a large bullish move on CVX be a sign of things to come?
Those of you that are trend followers are probably eagerly watching CVX to see if its latest 8.63%…
BRK.B – breach of price line that’s been previously tested numerous times before
BRK.B has broken through a line of 470.4050. If this breakout holds true, we could see the price…
Is the AVGO poised for a turn-around after 5 consecutive bearish Daily candles?
Rare set of consecutive candles on the AVGO Daily chart. Could we expect a turn around from 164.7200…