User: Holy Hand Grenade: Moving Averages: SPR.jpg

SPR.jpg

Spirit Aero Systems... 
83% of their business is with Boeing. 
Note how Boeing has broken down below all trendlines. 
Note that Boeing and SPR track exactly over the last two weeks. 
Now note that SPR is just approaching that "line in the sand' outlined in my chart, and that it hasn't broken LT support...yet. It looks like we'll see a 50 through 100 DMA death cross in the coming days as well.... 
So the $48.60-$48.90 zone looks important...Watch for a breakdown. Current price: $49.02

Comments

Tim KnightTim Knight
Nice! You might want to press Ctrl-E to get rid of all that "event" clutter on your chart. 8/26/15
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