Boeing settles at negative zone anew - Analysis - 12-06-2019

2019-06-12 13:24:01 GMT (Economies.com)
Boeing settles at negative zone anew - Analysis - 12-06-2019
 

Boeing's stock skidded below 350.94, representing the ratio 61.8% of Fibonacci retracement levels for an ascending wave in the short term (from 292.11 to 328.34), with negative signals from the RSI after reaching overbought levels, hinting at forming a negative divergence. 

 

Therefore we expect more losses for the stock, as long as it settles below 350.94, targeting the next support at 328.34. 

 

Expected trend for today: Bearish 

 
 
 
  Symbol Last Change Chg.%
1.1140
0.0042
0.3789%
1.2289
0.0135
1.1107%
17.418
0.314
1.834%
53.880
-0.920
1.679%
59.10
-0.82
1.37%
1526.175
13.910
0.920%
 
 
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