Boeing Turns Down Right Dull

Boeing (BA) took a hit in January, rebounded in early February and then moved into a tight consolidation. Volatility has slowed to a crawl as the stock traded between 126 and 131 since February 11th. Trading volume is also slowing because Thursday's volume was the lowest of the year. The coil is tightening and chartists should watch the range boundaries for the next directional signal.

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