Boeing’s share prices have fallen on Monday with the news that the FAA are temporarily grounding and inspecting a certain Boeing 737 Max nine aircraft operated by US airlines. The grounding is expected to impact over 170 aircraft and Boeing share prices fell pre-market on this fresh bout of negative news for the 737 Max aircraft.
However, does this dip offer a good buying opportunity ahead of a strong seasonal pattern Boeing’s share price tends to see at the end of January heading into early February?
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This is the most important release of the week and not one to miss!
The major trade risk here is to do with Boeing’s Q4 earnings and the FAA investigation of the Boeing aircraft.
Remember don’t just trade it, Seasonax it!