@EliteCapital 1 month ago
Boeing Weekly Setup 👀
Boeing Weekly Setup 👀
showing an interesting weekly setup here. 👀
Potential Morning Star formation developing on the weekly timeframe after a pullback into support.
📊 Key levels:
🔹 Support: ~$218
🔹 Current Price: ~$231
🔹 Resistance: ~$246
🔹 Major Resistance: ~$254
If buyers continue to defend this area, the chart could be setting up for another push higher.
Do you consider this a valid Morning Star Pattern on the weekly chart, or do you need more confirmation first? 🤔👇
@ProduceCut309 1 month ago
Looks close to a valid Morning Star setup, but most traders would probably still want confirmation with a strong follow-through candle and volume before fully trusting the reversal.
