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REPORTS FROM THE TRENCHES
Hubert Senters here.
Let’s take a look at Boeing. This is a monthly chart as I move around the camera here a little bit. I want to just how this one go. Guess what this is? It’s just kind of hard to that in the background. I could do it in the settings but takes some.
Anyway, this is Boeing. Monthly chart looks pretty good. Probably going to go re-test at $376.27 area so probably ten points. Let’s go look at it on a daily chart. Daily looks pretty good. It is trying to break out of this little sideways consolidation rectangle it’s got.
So these things are notoriously hard to trade until they break out of that. So we’ll see if we can have all of these and see what’s not out there yet. So initially it’s going to have to go through that $372 area. And then after that it will probably go in the area of north of $400. So take a look add Boeing, BA stock symbol be a two year long watch list.
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Good luck. Hope it helps. And I’ll see you on the next video.