The State Of Boeing
Tim Knight | Mar 11, 2019 02:37PM ET
Boeing (NYSE:BA) is one of those stocks that can put you into a coma – $10,000 into $20 million, no problem!
The disastrous MAX8 plane, however (ironically, their fastest selling in history) has swiftly garnered a terrifying reputation and Boeing plunged at the open on Monday. If you don’t believe in the power of gaps, however, take a good look at the chart below. Absolutely incredible that in the face of all this selling, the price would precisely close the gap and do an about-face.
Lucky put owners who got out early, though, made out like bandits.
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