Group 1: Boeing - Boeing is showing signs of a longer-term low, having declined since 2019 and giving back 78.6% of its gains from the 2009-2019 bull market [1] - A six-month relative strength base is now established, indicating potential for a sustained rise [1] - The stock is projected to rally to $230 in the short term and $270 in the long term, following the breaking of a downtrend line from the 2009 high [1] Group 2: United Health - United Health has significantly dropped from $599 on April 11th to $308 on May 11th, contributing to a decline in the DJIA [2] - The stock has shown a consistent decline in relative strength since 2022, with no signs of recovery [2] - Historical data indicates that May has been a strong month for stock performance, but the current trend suggests a potential low in September, with a projected price of $250, representing a 61.8% retracement of the 2008-2024 rally [2]
Dow Jones: Buy Boeing And United Health Is Headed to A September Low