Boeing Company (The)
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$BA Been Basing About 1 Year – Ready to Break-out?

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I am already long BA since earnings report on April 23 with a full size position. I am looking for this to form a short flat base to allow the 10 (purple) and twenty ema (blue) to catch up. I will be looking to add to my position if that happens and it resumes the uptrend. Since it bottomed out on April 7th it has made about a 45% move. That is why I think my scenario may play out. All TBD.

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