Boeing Wave Analysis – 05 November, 2019
November 05, 2019 @ 17:05 UTC
- Boeing reversed from powerful support level 320.00
- Likely to rise to 360.00
Boeing recently reversed up sharply from the powerful support level 320.00 (former multi-month low from the middle of August).
The upward reversal from the support level 320.00 started the active medium-term impulse sequence (3).
Boeing is expected to rise further and retest the next resistance level 360.00 (former support from the start of October, which stopped earlier wave A).