Boeing Trading Analysis (31/01/2024)

Trend is ascending. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.



Trading idea:

Buy when the formation of the ascending wave structure begins, when the A-wave breaches the sloping channel of the downward truncated structure.

Stop-Loss at 198.00.

Target price levels at 217.75 and 240.00.

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