Boeing extends gains - Analysis - 29-05-2020

Boeing's stock rose 0.20% in the last session while piercing the resistance of 148.69, amid the dominance of the upward short-term wave, with support from the 50-day SMA, as the RSI reached overbought levels compared to the stock's movements. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 185.45. 

Expected trend for today: Bullish