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Boeing Is on a Downside Trend

Boeing (BA), a manufacturer of commercial and military aircraft, is on a multi-month downside that began in October 2007 after the stock made a double top, a bearish price formation.

Its price pattern suggests a long-term downtrend with short-term fluctuations.


Related Articles:

Boeing Faces Price Resistance
Price Patterns - A Double Top Signals a Downside
Price Patterns - A Prolonged Downside Often Follows a Double Top


Posted April 23, 2008.

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