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.%
1.1163
0.0000
0.0031%
1.2703
-0.0034
0.2634%
14.454
0.036
0.253%
62.980
0.299
0.477%
72.05
0.09
0.13%
1274.875
-2.890
0.226%
 
 
News Today