egy-forex
07 Feb
07Feb


Boeing BA shares rose strongly and appeared on the chart and positive indicators, to achieve a profit of 3.65%, equivalent to 11.61 points, to settle at the price of 341.43 dollars, thus the price will rise until the downtrend on the weekly chart, which represents the correction of the downward trend, which bounced from the last bottom up as we see the chart The stock is trading under a weekly bearish trend and has a clear bearish trend, as shown in the attached chart

We wait for the price to touch the falling trend line on the weekly basis, then enter sell or break the level of 299.63 and enter sell also

The purchase will break the trend line weekly, and retesting will be really strong

In general, we recommend short positions only under the downtrend

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global-market