BOEING - The Last Flight!

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BOEING is approaching strong resistance/supply in green (300) so we will be looking for sell setups on lower timeframes.

on DAILY: BOEING is forming a channel in red, but the lower red trendline is not valid yet, so we will be waiting for a third swing low to form around it to consider it our trigger swing. (projection in purple).

Trigger => Waiting for that swing to form and then sell after a momentum candle close below it (gray zone)

Until the sell is activated, BOEING would be overall bullish and can still test the upper 300 resistance or even break it upward.

and of course, as it approaches the 300 resistance, we will be looking for sell setups on lower timeframes.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich