Boeing settles at negative zone anew - Analysis - 12-06-2019
2019-06-12 13:24:01 GMT
(Economies.com)
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.% | ||
|---|---|---|---|---|---|
|
|
|
1.1100
|
0.0202
|
1.8540%
|
|
|
|
|
1.2351
|
0.0165
|
1.3577%
|
|
|
|
Tadawul
|
7050.66
|
0.49
|
0.01%
|
|
|
|
|
17.867
|
0.756
|
4.418%
|
|
|
|
|
35.258
|
1.828
|
5.468%
|
|
|
|
|
35.33
|
0.04
|
0.11%
|
|
|
|
|
1732.640
|
4.780
|
0.277%
|
|
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