Let's look at the latest charts and indicators for the aerospace and defense stock.
Often times this kind of 'knee jerk' rebound is not sustainable
And there are a few charts I like right now, including this one.
I will be taking the very first step in rebuilding my long in LMT this morning as the market sagged, and I do think that an entry level for BA is around here someplace.
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At some point the end of the world we know will be discounted in the price action.
Instead, set your radar to track a base pattern before aiming for the company.
Investors have been acting and not sitting on positions.
Today's a gamble -- and I don't believe the market can create a sustainable bounce with the collapse we're seeing in Boeing shares.