Bullish flag for Boeing- time to lift off?
Boeing's recovery is steady and the uptrend is not that aggressive as other stocks recovering since the first lockdown, but that's because of the specific industry that Boeing is in, hit hard by the COVID-19 pandemic.
We have a small correction inside the uptrend, but that may end soon, as we have formed a bullish flag. RSI has already provided a bullish signal. MACD's histogram starts to hint for a turnaround, yet no crossover.
Yesterday's attempt to breach the flag was unsuccessful, but Boeing is definitely a stock to watch.
We have a small correction inside the uptrend, but that may end soon, as we have formed a bullish flag. RSI has already provided a bullish signal. MACD's histogram starts to hint for a turnaround, yet no crossover.
Yesterday's attempt to breach the flag was unsuccessful, but Boeing is definitely a stock to watch.
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