BOEING – All we need is a red opening

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What can we expect from an air carrier manufacturer company to perform when half the world is still on lock down mode travel-wise and airliners aren’t ordering new aircrafts as future outlook remains subdued.

The stock closed right on support line on Wednesday 19/08/2020, with heavy sales. All we need is a red closing bar below and position is a short.
2 take profits marks:
First, at trend line support at 156$.
Second at 119$.
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