Good day, dear traders! This news will be of interest to traders who hold short positions on BA according to our recommendations from December 24, 2019: https://www.instaforex.org/ru/forex_analysis/24234...

On Friday evening, Boeing discovered new problems in the software of the MACH 737 liners. It was detected during technical work before the new software was developed. There are few details yet, but it was enough for the shares of the largest airline corporation to fall by another $7.

Let me remind you that in December, we recommended a shorting of CFDs for Boeing shares at a price of $340 per share, which today makes up a profit of $16. That is $1600 from 1 Instaforex lot.

Plan:

Dynamics:

Today, be attentive to the discovery of America. If the $320-318 level breaks, we recommend closing most of the Boeing position.

Good luck in trading and control your risks!