Boeing's stock returned lower while gathering momentum to help it recover anew, marking a loss of 5.75% in the last session and amid the dominance of the upward short-term trend, with pressure from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect the stock to rise and target the resistance of 233.69, provided the support of 166.30 holds on.
Expected trend for today: Bullish