It’s may not have been the best year for Boeing (NYSE:BA), but things took a turnaround after IAG (LON:ICAG) signed a letter of intent to buy 200 of their 737 MAX jets and Korea Air Lines vowed to add 30 to their fleet. Furthermore, global sentiment had picked up on news that Trump and Xi would meet at the G20, and equities remain buoyant ahead of today’s Fed meeting where markets expect a dovish Fed. Put together, this paved way for the most bullish session this year for Boeing and the technical picture suggests there could be further upside to come.
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