So here is the plan. ATRO is a smaller cap stock but it is a supplier for Boeing. While everyone continues to rave over Boeing, the suppliers are the one's who are making better money. csimarket.com/stocks/suppliers_glance.php?code=BA check out the data here.
Now they make money whether or not boeing makes money or sells their products. It is the same strategy of selling shovels to gold diggers during the gold rush. The earnings are strong for some of these companies but they have seemed to be forgotten. So I like this one which is trading around the 50 ema and is near a low support that has been tested several times. The price gapped down and I like to see gaps fill.
This is a new strategy and is being presently tested.
Now they make money whether or not boeing makes money or sells their products. It is the same strategy of selling shovels to gold diggers during the gold rush. The earnings are strong for some of these companies but they have seemed to be forgotten. So I like this one which is trading around the 50 ema and is near a low support that has been tested several times. The price gapped down and I like to see gaps fill.
This is a new strategy and is being presently tested.
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