
User: Violet: Transportation: slopechart_BOAT.jpg
slopechart_BOAT.jpg
BOAT - Yes, a lot of lines, but actually quite simple and easy to follow, showing support (red) and resistance (green), letting you know what side of the trade you’re on.
BOAT has lost ground since a double top two weeks ago.
Recently broken down from a Rising Wedge, drawn in red from Jan 2026, price is inside a blue Flag. Breaking out above the flag is decidedly bullish. As is, price breaking down from the flag, bearish.
Near term, support is at the orange oval where two trendlines, one blue-one green, converge with the top of the Ichimoku Cloud (dotted green horizontal), now at 40.65.
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Violet
