Boeing Company (The)

Boeing setting up for a SHORT?

195
BA, Boeing Co. could be setting up for a nice shorting opportunity.

I'd ideally like to see price action settle the end of this week below around the $155 area I indicated as a short entry on the chart.

The dotted line indicates where I'd place my STOP and the solid line below is where I'd place my TARGET.

Again, I'd like to see at least a 1%+ weekly settlement below the current channel it broke today in order to consider taking a short trade.

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