Bottomcatcher
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Bottomcatcher is an independent investment research firm dedicated to providing trading content to its members enabling them to become profitable when trading the markets.

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๐Ÿ”” ALERT MESSAGEโ—๏ธfor Ticker (BA)

29/09/2021

BOEING COMPANY

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#BA
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๐Ÿ“… Date: 29/09/2021

๐Ÿงพ Asset: Ticker (BA)

BOEING COMPANY

Trading information:

A popular name here amongst retail traders and Institutions. Since its most recent peak on the 15th of March '21 (at A). Boeing declined -26.59% where it found twin support on the 19th of July '21 (at B). Since then prices have ebbed and flowed inside its down channel, but the recent swing low (at C) was governed by trendline support, where buyers stepped in, preventing a retest of channel support. Prices are now testing twin resistance (at D). What happens here will determine direction over the short to mid-term.

Note: This security is currently NOT in our buy zone.

Probability rating of breakout and follow through to target = 50%

If you are interested in trading this security or similar securities and would like specific ENTRY, STOP-LOSS and TARGET levels, in order to become profitable, along with updates and reports. Simply tap on the link below.

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