Boeing has rallied from a low of $102 on February 11th, 2016 to a high of $126.60 today. This epic move has coincided with the stock market mega rally. People are eyeing Boeing and trying to figure out if it has more upside or will start turning down... the answer is found in the chart.
Notice below there is a huge gap fill level approaching quickly at $128.00. This is a huge resistance point and Boeing should be expected to pull back sharply. Check it out...
Notice below there is a huge gap fill level approaching quickly at $128.00. This is a huge resistance point and Boeing should be expected to pull back sharply. Check it out...
BA Nearing Major Chart Level
