Boeing breaches main upward trend line - Analysis - 13-08-2018

Economies.com
2018-08-13 14:18PM UTC

Boeing's stock slid 1.25% in the last session, or 4.31 points, breaching the main upward medium-term trend line as shown in the attached chart, with negative pressure from the 50-day SMA, doubling thereafter the negative pressure on the stock. 

 

Therefore we expect more losses to come, as long as the stock settles below the resistance of 347.67, targeting the support of 319.25. 

Stocks Technical Analysis

United States Analysis

Stocks

Alphabet price tries to regain footing - Forecast today - 02-05-2024
2024-05-02 10:57AM UTC
Alphabet’s stock price (GOOG) rose in the intraday levels after attempting to gather positive ...
United States Analysis

Stocks

Ford price tries to recoup some losses - Forecast today - 02-05-2024
2024-05-02 10:57AM UTC
Ford’s stock price (F) rose mildly in the intraday levels while trying to recoup some recent ...
United States Analysis

Stocks

Peloton price holds ground amid negative pressures - Forecast today - 02-05-2024
2024-05-02 10:56AM UTC
Peloton Interactive’s stock price (PTON) rose cautiously in the intraday levels, while trying ...