Boeing seeks a bottom to bolster it - Analysis- 22-01-2021

Boeing's stock (BA) fell 1.91% in the last session while trading alongside the upward medium-term trend line, with positive signals from the RSI, while seeking a bottom to bounce it higher anew. 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 234.58, provided it holds above 208.04. 

Expected trend for today: Bullish