Market Snapshots

Boeing Wave Analysis – 05 November, 2019

Boeing Wave Analysis – 05 November, 2019
  • 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).

Article Rating