Boeing:

The Boeing Company, with clients in over 150 countries, is one of the world’s leading aviation, aerospace and arms companies. As a service partner of the NASA, Boeing operates the International Space Station and operated the Space Shuttle fleet until 2011. The stock, however, is far away from soaring new heights. Quite the opposite: for some time now, the value has found itself in a downtrend once again. The last price low lies at $102.10; the current correction zone runs between $115.14 and $150.59 on the upper side. The price has been lingering in this zone for weeks, but was no longer able to overcome the marker at $138. After the last days indicated significant weakness, the DowHow signal also sounded the alarm and gave the signal for a lucrative short trade.

Nuveen California:

From the perspective of the hourly chart, this second-tier stock from the NYSE briefly skyrocketed and then dived deep into the current correction zone of the valid downtrend. If this red zone is not broken by the closing price in the coming hours, a very good entry possibility for a short trade could become available.

Compass Minerals:

This value can be found in the S&P Midcap 400, and after the stock screening carried out with AgenaTrader and the DowHow method, it is showing us an intact uptrend. For a long time now, the price has been in its valid correction zone, and due to the last runback, it has plunged even deeper into this zone. If the price can stabilise itself here now, this could be a good entry point for a long trade.

IMPORTANT NOTE:

Exchange transactions are associated with significant risks. Those who trade on the financial and commodity markets must familiarize themselves with these risks. Possible analyses, techniques and methods presented here are not an invitation to trade on the financial and commodity markets. They serve only for illustration, further education, and information purposes, and do not constitute investment advice or personal recommendations in any way. They are intended only to facilitate the customer’s investment decision, and do not replace the advice of an investor or specific investment advice. The customer trades completely at his or her own risk.