FxPro - Analytics

FxPro

748.25 6.25/10
89% of positive reviews
Real

Boeing Wave Analysis – 22 January, 2019

  • Boeing broke long-term support level 321.00
  • Likely to fall to 300.00

Boeing under bearish pressure after the earlier breakout of long-term support level 321.00 (which has been steadily reversing the price from August).

The breakout of this support level accelerated the active short-term impulse wave 3, which belongs to the medium-term downward impulse sequence (3) from November.

Boeing is likely to fall further toward the next round support level 300.00 (target price for the completion of the active impulse wave 3).

1579701423


To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree