As volatility continues to drop the movement of Boeing has been less dramatic over time and we are entering this sideways bottleneck between supply and demand of the current levels.
Breaking out of this zone will be key to confirm a change in direction from this sideways channel. Failure to break above will signal a potential continuation of the sideway channel with a decrease in volatility. With metal sitting on the ground Boeing continues to loose money.
Breaking out of this zone will be key to confirm a change in direction from this sideways channel. Failure to break above will signal a potential continuation of the sideway channel with a decrease in volatility. With metal sitting on the ground Boeing continues to loose money.