BA - Remains Bearish

12 בפבר׳ 2022

I don't want to hear your news stories about Boeing as if any of that even matters. Technicals just aren't bullish yet. The fact is, 4 weeks ago Boeing flashed the weekly sell signal and this week Boeing back tested that signal and failed leaving a 50% wick down candle at the top of the downtrend channel.

I am looking for a 5 wave down structure here to fill the gap below into weekly demand.