BATS:BA   Boeing Company (The)
Hello friends
In Boeing's share, a 5 wave of the main cycle has been completed.
We expected a correction, which has been achieved.
Wave A of correction is completed as a 5-wave.
We expected a 3-wave pattern in a zigzag pattern, which did not materialize.
Currently, a 5th wave has been formed, which is a micro wave of wave B, and divergence has been identified in it.
Probably, wave B is a complex, so the 5 formed micro waves are probably wave A from wave B, which should be a zigzag or flat.
Therefore, we expect a 3-wave in the form of wave B from B and then a 5-wave in the form of wave C.
Fibonacci ratio of 61.8 correction and static resistance drawn at $222 and completion of 5 micro-waves and price gap and triple divergence are confirmations to enter the sell position.
Therefore, by breaking the upward trend line, you can enter the sell position.
The price target is $175.
Be successful and profitable.
Haftungsausschluss

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