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Boeing Co., Elliot Wave Analysis
8/11/2022 11:02 AMA fall is possible.
On the daily chart, the downward wave of the higher level (C) develops, within which the third wave 3 of (C) formed. Now, a local correction is developing as the fourth wave 4 of (C), within which the wave c of 4 is ending. If the assumption is correct, after the end of the correction, the price will fall to the area of 89.41–50.00. In this scenario, critical stop loss level is 185.05.
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