Boeing sharpens decline - Analysis - 25-03-2021

2021-03-25 11:59:42 GMT (Economies.com)
 

\Boeing's stock (BA) kept falling with 0.83% in the last session, while trading alongside the upward short-term trend line, with positive pressure from the 50-day SMA, as the RSI reached oversold levels, while the stock gathers momentum to help it rise anew 

 

Therefore we expect the stock to return higher, targeting the first resistance at 253.60, provided the support of 234.00 holds on.

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.2132
-0.0041
0.3389%
1.4115
-0.0021
0.1507%
Tadawul
10322.68
86.96
0.85%
27.361
-0.443
1.593%
65.360
-0.032
0.049%
68.55
0.41
0.60%
1828.890
-15.335
0.832%
 
 
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