Trading idea for Boeing Co. (NYSE)


The general trend is downward. On the H4 timeframe, a "shooting star" reversal pattern was formed. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought.

Trading idea:

Sell on a breakout of 163.00.

Stop-loss: 172.00.

Target levels: 152.80; 142.40.

Author: GC
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