Purchase of Boeing company (#VA) shares.
The weekly chart of the stock shows a stable growth over the past 7 weeks in a bullish price channel. The Marlin oscillator is rising. The general trend is rising. Growth targets: 247.00 (the area of historical extremes, in particular, the top of July 2017), then the more important target of 268.50 – the nested line of the price channel. It is also possible for the price to go above this line, to the target level of 283.20, unless a reversal divergence of the price with the oscillator is formed earlier.
On the daily chart, the price is developing in a completely upward trend, both according to price indicators and the Marlin oscillator. We are waiting for the price to rise to the specified targets.
Netflix stock sale (#NFLX).
On the weekly chart, the price divergence has formed, and is developing with the Marlin oscillator, which is already in the negative area. The target of reducing the price is the level of 458.00 - the area of the September 2020 minimum and the May 2020 top.
On the daily chart, the price is fixed under both indicator lines, Marlin with a downward trend.
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