Boeing stages tactical decline - Analysis - 13-10-2021

2021-10-13 12:10:21 GMT (Economies.com)
 

Boeing's stock (BA) fell 1.27% in the last session amid negative signals from the RSI, while gathering momentum to help it rise anew, as the stock was hurt by exiting a descending price channel that guided recent short-term trading, with support from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the resistance of 240.80, provided the support of 221.10 holds on.

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1607
-0.0004
0.0353%
1.3754
0.0015
0.1074%
Tadawul
11855.87
9.94
0.08%
24.422
1.109
4.755%
84.812
1.466
1.759%
86.28
0.73
0.85%
1801.845
32.105
1.814%
 
 
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