Boeing attacks ceiling of descending correctional price channel - Analysis - 30-09-2021
Economies.com
2021-09-30 11:49AM UTC
Boeing's stock (BA) rallied in the intraday levels, trespassing the resistance of the 50-day SMA, while tackling the ceiling of a descending price channel that guided recent trading, with negative signals from the RSI.
Therefore we expect more gains for the stock, targeting the resistance of 240.80, provided it settles above 221.10.
Expected trend for today: Bullish
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