Boeing Company (The)
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AB=CD pattern forming on $BA

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Analyzing BA past run from November to December, it ran from 134 to 234 within a month.

BA is trading sideways with a flush opportunity at the 50 Simple Moving Average of 198.61

An AB=CD can be forming here, BA can have another +100pt run here. The C to D leg shows that the possible run can start from mid January to mid February.

300.00 is the ideal Target Price for BA in the long term. This depends strongly on the recovery news in which Boeing 737 MAX planes begin to take flight again.

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