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Dow Jones: Buy Boeing And United Health Is Headed to A September Low
DOWDow(DOW) Forbes·2025-05-16 18:05

Photo by Michael M. Santiago/Getty ImagesGetty ImagesBoeing appears to be making a longer-term low. The company has been hounded by bad news, falling since 2019 and giving back 78.6% of its ten-year 2009-2019 bull market. Relative strength bottomed in mid-November. A six-month relative strength base, the minimum that we would expect before a sustained rise, is now in place. There are higher momentum lows both weekly and monthly. In terms of monthly price, a downtrend line from the 2009 high has been snapped ...