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Boeing Company (The)
Long
Oct 16, 2024
$BA 1D Idea
4
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🚨 Boeing (BA) Analysis 🚨
🔻 Falling Wedge: BA is in a falling wedge pattern, signaling a potential reversal soon.
📊 Key Levels:
Support: $146
Resistance: $165-$170
Current Price: $152.35 (-25.88%)
🟢 Oscillator: Currently oversold in the green zone, suggesting a possible bounce.
📈 Watch for a breakout above the wedge for a move toward $165. Failure to hold $146 could lead to further downside.
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