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This blue-chip stock looks very bullish

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moneymorninglive.com

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Wed, Feb 8, 2023 02:35 PM

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Why it could jump 17% - ? Wednesday, Feb. 8, 2023 Blue-chip stock looks very bullish Hey Reader, A

Why it could jump 17% -   Wednesday, Feb. 8, 2023 Blue-chip stock looks very bullish Hey Reader, A chat member in the [Money Morning LIVE room]( just called our attention to a blue-chip stock chart that looks extremely bullish right now. In fact, a few traders said they were in this large-cap name, and the chart does suggest a big upside move could be coming. [Trade today's top stocks here!]( Specifically, Boeing (BA) shares are in a very strong consolidation pattern that's forming right below its former highs from nearly a year ago. This setup gives Boeing the potential to break out to the upside in a big way, considering that there's no overhead resistance right now. Options pro Mark Sebastian even noted that there's been activity at BA's March $250 calls. A move to the $250 level would represent a 17% move for Boeing, and the stock would need to make this move in the coming weeks for these options traders to get paid out. However, Volume Trading specialist Olivia Voz did point out that BA may need to pull back briefly before it ultimately makes a bullish move, but this could give you an even better entry point if you want to get in on Boeing. Our trading team will be live until 1:30 PM ET today, so follow the link below and join us! [JOIN THE TRADING ROOM HERE]( See you in the room! If you missed us, find our [replays here](. Garrett {NAME} Executive Producer, Money Morning LIVE   You are receiving this e-mail at {EMAIL}, as part of your subscription to Money Morning LIVE. To remove your email from this list, [unsubscribe here]( or manage your Money Map Press [Email Preferences](. To cancel, or for any other questions or requests, please contact our Customer Service team: [Online]( Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: Money Morning Live | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 Fax: 410-622-3050 Our Customer Service team is available Monday - Friday between 9:00 AM and 5:00 PM ET. © 2023 Money Map Press. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201. [Website]( | [Privacy Policy]( | [Terms & Conditions](

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