BOEING history

14 במרץ 2019

Notice the similar broadening formations in Boeing's history. The first one is likely not as evident when observed on regular candlestick charts. Renko blocks do a good job of keeping the pattern crystal clear. Time, for the most part, is not a factor until the price moves a certain amount. Notice the first formation beginning in the 90's. It took 6,700+ days to make the pattern. Now, a very similar pattern can be seen in recent history. Obviously it's much bigger but notice that it took only 400 days to make the same pattern. There is a LOT of money being pumped into this to make this happen... it's actually beyond absurd. The fed and the central banks have been very busy.