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Boeing Wave Analysis – 5 August 2025

Boeing: ⬆️ Buy– Boeing reversed from the support zone– Likely to rise to resistance level 230.00Boeing recently reversed up from the support zone between the pivotal support level of 217.50 (former top of wave 1 from June) and the lower daily Bollinger Band.This support zone wa…

Dikemas kiniAug 6, 2025
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Boeing: ⬆️ Buy

– Boeing reversed from the support zone

– Likely to rise to resistance level 230.00

Boeing recently reversed up from the support zone between the pivotal support level of 217.50 (former top of wave 1 from June) and the lower daily Bollinger Band.

This support zone was further strengthened by the 50% Fibonacci correction of the upward impulse i from June.

Given the clear daily uptrend, Boeing can be expected to rise to the next resistance level 230.00 –  the breakout of which can lead to further gains toward 240.00.

Source: https://fxpro.news

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