Chart of the Day: Boeing May Be Attempting a Turnaround
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David Russell
February 5, 2025
Boeing has struggled for years, but now there may be signs of a turnaround in the aerospace giant.
The first pattern on today’s chart is the series of lower highs between December 2023 and early December 2024. The stock has now pushed above that falling trendline, which may suggest its direction is turning.
Next, the 50-day simple moving average (SMA) just …
For more, please click here to view the related idea and chart analysis on TradingView.
Boeing (BA), daily chart, with selected patterns and indicators, courtesy of TradingView.
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