Boeing testing the big 173 level again today

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Boeing retesting a major level. I am long and added today. Stop under 170

Here is my last Boeing analysis. You could see the updates if you scroll down.

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ملاحظة

Tagged 173 at the open before ripping upward. Lows need to hold and a break above 179 is needed, ideally today.

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ملاحظة

173 held today but we did not see a break above 179 like I was looking for. Boeing may be entering a consolidation phase that will expose tight stops. As a longer time frame trade it remains a hold. For short term traders I think we could expect more challenging volatility. There will be easier trades elsewhere until 179 is broken.

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ملاحظة

Happy to see the stop wasn't hit today - 173 held again. Good action as it moves back toward 179

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ملاحظة

I think we see a break above 179 today as we tighten up in this potential consolidation zone:

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أغلقت الصفقة: تم الوصول لوقف الخسارة

I got stopped today. Price action doesn't say much as it still does not negate a hold, but it's an opportunity cost for other trades.