Boeing Company (The)Short
Boeing potential short
Boeing has just fallen completely out of its daily wedge. If it falls, it has the potential to fall to $120, and maybe if we are lucky, $90. However, if it goes the other way, it can rise to $235, and then back to where it was before coronavirus at $347. Along with the rising coronavirus number which causes even more fear of travel, the wedge shows that Boeing now has 2 reasons to fall. July 31 options are pretty cheap and can bring in a ton of money.
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