The monthly chart of Boeing, first below, shows just how wild this bull market has been, even for mega caps. BA has been a long-term investment of mine dating back to my original post in late-2012 submitting the idea. However, I turned prematurely cautious on it in the early-summer months. That said, much like my Kroger investment, I still think now is an excellent time to lighten up considerably on a long-term position, into this rare strength.
The second chart is a short idea in RH. I know this company has been excellent as a housing derivative play. But technically the stock has not made much progress after a steep advance. And you can see the simple gap-fill potential down to $60 out of the recent bear flag.
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