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Todays Big Stock Wealthpop News

Is This Aerospace Stock In For A Bumpy Ride?

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We are back for another week of trading and today we have another high probability setup we are looking at for a potential trade. Check out my video break down of the stock that is on our watchlist for today.

Boeing (BA) broke its trend line support on route to confirming a bearish triangle pattern, a well-defined pattern makes it more visible to other traders in the market. Overall, we would expect this means the stock is poised to head lower should it break and hold below the level of support highlighted in the video below.

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Good Luck!

Christian Tharp, CMT

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Christian Tharp

I am an expert stock market coach having helped over 4000 beginner and advanced traders & investors from around the world take control of their financial futures. I also write stock market related articles for the Adam Mesh Trading Group. My Chartered Market Technician (CMT) designation substantiates me as an expert in areas such as the technical analysis of stock trends, market indicators, cycles, price patterns, Elliot Wave principles, Candlestick charting, analyzing financial trends and behaviors, portfolio strategies, and forecasting future price movements. With my straightforward approach to simple, systematic trading, students learn how to strategically assess buy signals and market entry timing, establishment and management of stop losses, and how to employ a simple and disciplined trading approach that creates profits.

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