Boeing returns lower - Analysis - 12-12-2018

Boeing's stock returned lower with a 1.32% loss, or 4.32 points in the last session, amid negative pressure from the 50-day SMA, coupled with negative signals from the RSI, and amid the dominance of the downward correctional wave in the short term. 

Therefore we expect more losses for the stock, as long as the resistance of 337.61 holds on, targeting the support of 296.61. 

Expected trend for today: Bearish