More $BA Bad News

Boeing is down another 1.6% today with some news about fallen through contracts and deliveries being slashed. This has been a massive leader for the S&P and the Dow in the Mega Bull run and I am on the side BA is done. The “bitcoin like” parabolic rise is unsustainable and I believe the Max Rise stops here.

If BA gives back 360 and the MA there then stick a fork in it and bail. A hell of a run.

About the author: HeyImSnuffles Snuffles

Just Climbing the Wall of Worry and Picking the Right Time to Get out of the Way. I am a Nuclear Engineer who quit and has studied global and crypto markets for almost a decade.