Boeing returns lower - Analysis - 15-03-2019

2019-03-15 12:06:57 GMT (Economies.com)
Boeing returns lower - Analysis - 15-03-2019
 

Boeing's stock returned lower while settling below the resistance of 387.36, representing the ratio 38.2% of Fibonacci retracement levels for an ascending wave (from 292.47 to 446.01), with negative pressure from the 50-day SMA. 

 

Therefore we expect more losses for the stock, especially if the resistance of 369.24 was breached, targeting the next support at 351.12, which represents 61.8%.

 

Expected trend for today: Bearish 

 
 
 
  Symbol Last Change Chg.%
1.1318
-0.0008
0.0689%
1.3116
-0.0180
1.3504%
15.495
0.200
1.308%
59.758
1.375
2.356%
67.81
-0.06
0.09%
1311.290
8.980
0.690%
 
 
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