Boeing readies to tackle current resistance - Analysis - 08-11-2018

Economies.com
2018-11-08 14:47PM UTC

Boeing's stock rose 1.51% in the last session, or 5.55 points, while readying to tackle the resistance of 374.48, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA. 

 

Therefore we expect more gains for the stock, especially if the resistance of 374.48 was breached, targeting the next pivotal one at 394.28. 

 

Expected trend for today: Bullish      

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