Boeing continued its decline recently, moving steadily toward our green Target Zone ($146.35 – $113.35). Just this Tuesday, the price reversed only $0.23 above our Zone. While it’s technically possible that the stock has already established the low for wave (2) in green with this dip, we aren’t convinced. So, we expect another pullback soon, with the stock eventually landing within our Target Zone.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.