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.%
1.1219
0.0001
0.0107%
1.2633
0.0050
0.3954%
14.964
0.096
0.646%
53.465
0.956
1.821%
62.03
-0.11
0.18%
1344.990
3.710
0.277%
 
 
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