Boeing Company: wave analysis

The trend is upward.

The upward momentum, within which the fifth wave v is developing, is forming. Locally the third wave (iii) of v of the lower level is developing. If the assumption is correct, the price will grow to the levels of 205.00-210.00. The level of 196.00 is critical for this scenario.

Main scenario

Long positions can be opened during the correction, above the level of 196.00 with the target within the range of 205.00-210.00.

Alternative scenario

The breakdown and the consolidation of the price below the . . .

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