Boeing (BA) – Daily Timeframe AnalysisBoeing CompanyBATS:BAisahebdadiOverall Structure •Price is moving inside a broad rising channel •Recently rejected from the upper range (~250 area) •Now dropping toward major confluence support: •Rising trendline (black) •Channel support (purple zone) 👉 This is a critical support zone Bearish Scenario (High risk) •Strong rejection from highs → momentum turning bearish •Price below MA + making lower highs •If this support breaks: 📉 Targets: •180 (first support) •165 (major level) •150 (extended target) 👉 Confirmation: •Daily close below trendline + channel support •Strong bearish continuation Bullish Scenario (Support holds) If price reacts from this zone: 📈 Targets: •210 (first resistance) •228 (MA area) •240+ (mid/upper channel) 👉 Confirmation: •Strong bounce (reversal candle) •Reclaim of MA Professional Summary •Structure: Range within uptrend → now testing support •Momentum: Shifting bearish •Location: Decision zone (very important) Strategy Insight: •Long: Only after clear support reaction •Short: On confirmed breakdown (strong setup) •Best approach: Wait for confirmation (avoid guessing here) Key Insight: This chart looks very similar to: •NVIDIA •Meta Platforms