Boeing buy opportunity
Updated
While COVID-19 vaccine still not found and there were some issues with 737 MAX and tourism in general in drawdown it gives a good opportunity for long-term investors who believe in Boing to buy their stocks now at a "discounted" price and get some profit in few years.
I drew "short-term" support/resistance levels just to show where we can go if we won't hit second wave of lockdowns due to an increased number of COVID cases.
Most optimistic investors like me might not use stop loss and just wait for the price to go up at some time. Btw Boing pays almost 5% in dividends which is really good.
I drew "short-term" support/resistance levels just to show where we can go if we won't hit second wave of lockdowns due to an increased number of COVID cases.
Most optimistic investors like me might not use stop loss and just wait for the price to go up at some time. Btw Boing pays almost 5% in dividends which is really good.
Note
We pushed off the support level around 160, so anyone missed can enter a long position now.
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