Boeing Vulnerable

Gargantuan corporation Boeing has lost 35% of its value over the past year. It is in a massive right triangle pattern.

Gargantuan corporation Boeing (BA), the maker of airplanes that stay in the air the vast majority of the time, has lost 35% of its value over the past year. It is in a massive right triangle pattern.

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So is the stock “on sale“? Is it smart to buy since it’s already lost 35% of its value? You can probably guess my answer.

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