Buy Boeing shares now. | 03 May 2019

Barclays Bank Weekly Review

Wave Analysis

Barclays bank is currently trading within a contracting wedge formation. As long as the price remains within this wedge formation, we choose to remain flat. A clear break and close below the supportive trendline will mark an end to the corrective three wave cycle and could push the price intensively to the lowerside towards 7.00. The idea is to wait for a bounce from the level 7.00 to pick a low risk buy order towards 12.35. On the other side, if the price breaks below 7.00 and closes below, we're short.

Trade Recommendations:

Wait.

Ford Weekly Review

Wave Analysis

Ford shares failed to sustain the break below the lower trendline and is currently above the same trendline but within the converging wedge formation. As long as the price remains within this wedge formation,. we choose to trade reversals on the spot market. As it is, we're waiting for a bounce from the upper trendline to pick a low risk sell order. In case of a breakout above the upper trendline, then we'll look for  a possible long term buy towards 13.65 and could breakout even higher.

Trade Recommendations:

We're waiting to sell a bounce from the upper trendline.

Boeing Weekly Review

Wave Analysis

 Despite the recent incidnet which befell Boeing flight. The shares of this company declined just slightly and is still above a key zone 369.75-360.36. This is a possible turn a round point, and as long as this zone sustains price above it, we expect nothing but a possible momentum to the upperside.  The idea, "Buy deep" is true for the shares of this company, conservative traders can buy the shares of this company expecting the price to move even higher. Should price go below 360.36, then you sell, the same way, if price breaks above 443.95, you can buy more shares of this company.

Trade Recommendations:

Buy Boeing shares now.

 

Trade CFD on NYSE, MOEX and NASDAQ corporate stocks without swap.

 

 

Bob Stan
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