Boeing Co. has broken through a line of 168.52 and suggests a possible movement to 162.08 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 17 days.
Related Posts
Important resistance line being approached by NVDA. This price has been tested numerous time in the last 51 days
NVDA is moving towards a resistance line which it has tested numerous times in the past. We have…
AAPL keeps moving closer towards 198.7000. Will it finally breach this level?
AAPL is approaching a support line at 198.7000. If it hits the support line, it may break through…
A possible move on TSLA as it heads towards resistance
TSLA is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great…