Boeing (Follow-Up)
I recommended Boeing(BA) back in Aug. & Oct. with a specific strategy and price zone, as well as indicating it being a multiple year holding for achieving maximum returns.
The recent plane crash is a tragedy and provides a narrative for why the stock is selling off today. The chart shows beautiful symmetry(it would likely have gotten here to the convergence of the 200 day and 20 day mvg. avgs regardless.)
The maximum downside is likely to be in the area of the 50 day. No rush to enter if you didn’t already do so at those previously suggested levels. The BA recovery story is only a few months old and has two to three years to go. (This is not investment advice, just my opinion.)