Boeing extends losses - Analysis - 30-07-2019

Boeing's stock kept falling in the short term after piercing the upward trend line recently, while also piercing 350.00, amid negative signals from the RSI, with negative pressure from the 50-day SMA. 

Therefore we expect more losses for the stock, as long as the resistance of 350.00 holds on, targeting the support of 330.00. 

Expected trend for today: Bearish