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$BA Boeing Technical Analysis

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Boeing Company (The) (NYSE:BA)  
Bullishcharts Diupdate   
NYSE:BA   Boeing Company (The)
Fibonacci Parallel Channel Support and Resistance
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fibonacci parallelchannel supportandresistance

Much needed bounce off 2014 support level has resulted in 15% rally, which has
now meet major area of resistance.
Conservative long entry above the $173.25 level.
Short term trade entry above $169 but the trendline will very likely prove to be
strong resistance.
Until the stock can break the downtrend, momentum is still in the hands of the bears.
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Indicators in bullish reversal
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Momentum rising also
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