Boeing is a "warriors'" stock. Maybe they expect more orders from the US military. Sometimes the market as a whole - or a few insiders - know more than the official politics. Very real questions about war and peace may be on the line. Look at RTN and LMT also. These are the big military technology corporations ripping to the upside.
Actually, I think such a price and time scale should be viewed in log scale (price axis). Then BA is just above a long term uptrend (including strong price volatility).
Indeed these highs in the warrior stocks could be created from insiders. Never thought about it.
The conclusion would then be "more war" ...somewhere on our bowl.
I never used log scale, have to read bout it and how it affects the charting.
Have a sunn day my friend
Peace! :)
brawnd
⋅
Buybacks strong demand military spending new analytics services
@Best08, I never ever would step in front of this train :-D ...and, in my opinion, charts on TV are just analysis to learn and make one decisions. It's far better you make your one too. Never ever lean on someone else, or someones chart analysis. You need to know WHY you do a trade. My 5 cents mate...
Actually, I think such a price and time scale should be viewed in log scale (price axis). Then BA is just above a long term uptrend (including strong price volatility).