Boeing powers up - Analysis - 23-10-2017

Boeing's stock (BA) surged in the intraday levels, scoring a profit of 2.20% in the last session, or 5.71 points, amid the dominance of the main upward short-term trend, with positive signals from the RSI, coupled with positive pressure from the 50-day SMA. 

Therefore we expect more gains for the stock, targeting the resistance of 271.55, as long as the support of 256.08 holds on.