Trading idea for Boeing Co. (NYSE)

#BA

The trend is descendant. The ascendant wave structures are truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The pivot 2 of wave C of the ascendant structure is breached.

Trading idea:

Sell when level 136.08 is breached.

Stop-loss: 142.00.

Target levels: 130.20; 113.50.

Author: GC
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