BOEING, CAN A 747 REACH THE MOON?meh, idk. probably not.
Something is weird with defense stocks.
I like the potential of the upside to see those gaps close.
There is support on the bottom side.
Gaps are closed on the bottom side.
Indicators are turning to favor bulls.
However, there may be some quick downside on these steep short term trends in red.
Green Triangle is likely a long term buy zone, with potential to hit as low as 145. However, I have no idea if that is before or after 300+
After that, if we break that support trend (thickest green), watch out for the movement to 92.
A movement like that would be similar to a covid drop and return.
Earnings is likely to flip price action.
Drop into earnings, and price targets hitting as support is a buy.
Pump into earnings without breaking out over rejection trends, and rejection targets is a sell.
Any feedback on the charts as far as simplicity to understand?
Do you prefer candles or the line? I use candles to TA, but I've found better feedback with the line chart, which I'm happy to keep doing.
Website update,
idk which direction I want to head with it.
