Boeing ends flat - Analysis - 13-09-2017

Boeing's stock (BA) closed flat in the intraday levels, as the stock tries to pierce the ceiling of a positive technical pattern that's forming currently in the short term, the Symmetrical Triangle pattern, with the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, coupled with positive signals from relative power indicators. 

Therefore we expect more gains for the stock, provided it pierces the resistance of 243.99, targeting the next one at 260.44.