Aug. 21 at 5:34 PM
$BA BULLISH: Boeing nearing massive
$30B+ deal to sell 500 aircraft to China - ending 7-year drought in world's 2nd largest aviation market!
The stock surged 2.5% following a Bloomberg report. This geopolitical breakthrough could restore BA's 25-30% China market share vs
$EADSY.
Key resistance at
$267.54 (Dec 2023 high) - currently at
$225.
Made-in-America policies and NATO defense spending = a perfect setup for an aerospace giant.
Trade tensions thawing under Trump 2.0!
Boeing Monthly Chart (2011-2025) - Shows long-term bearish trend since March 2019 high of
$446, but bullish medium-term recovery from 2020 pandemic low of
$89.
Currently approaching key resistance at
$267.54, with clear higher lows pattern indicating potential breakout.