Boeing: Week of Dec 18Boeing has just been a beast, straight up.
Short interest uptick last week but they got destroyed, as most shorts do in this day and age haha.
I see its kind of tapered off a bit. Perhaps next week we can actually see pullback.
There isn't a lot of volume up here:
So we could actually see a move back to 252 range as pullback and then continue up.
That said, I am and will always be bullish on BA, so buy the dip .... at your own risk ;).
I foresee BA retracing previous highs. It's fundamental and the fact that it is essentially an oligopoly with Airbus and Embraer is finally catching on to investors.
Safe trades!