Quick gain from Boeing is very likely

Almost 2 years ago I recommended to buy Boeing (BA), again when it was experiencing rather difficult time period. Talking about the contrarian idea! It was below $80 at that time and since then it has moved up quite a lot, close to double. After it topped around $150, it has been just bumping around side way in the past year. As you can see, it has got 3 well defined bottoms during the year. In the past few days, BA has just broken out to upside. Fundamentally BA is relatively cheap and a year long side way moving is likely an energy accumulation for it to launch a big move. I think this is likely the time for it. Seasonally this is also a great time for stocks with a year-end rally ongoing. I bet BA could easily move up at least 10% in the next few months to kiss its previous high around $150.