Plane Goes Boeing

Image Source: Unsplash

The last big corporate scandal that was big before Covid became a thing was Covid. Something about their planes dropping from the sky and their MAX engine. In any case, that got kind of buried once we all got blessed with the Covid news, but I say it’s time to short Boeing (BA) again. Here’s the right-triangle reversal pattern.

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Here’s the multi-year view. I bought March $190 puts just now.

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