American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

Boeing pierces current resistance - Analysis - 20-07-2017

Economies.com
2017-07-20 14:48PM UTC

Boeing's stock (BA) rose in the intraday levels, scoring a profit of 1.27% in the last session, or 2.64 points, and managing to pierce the resistance of 209.38, amid the dominance of the main upward trend in the short term, with positive pressure from the 50-day SMA. 

 

Therefore we expect more gains for the stock, targeting the resistance of 220.11, as long as it settles above 209.38. 

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