Boeing suffers negative pressures - Analysis - 14-12-2021

Boeing's stock (BA) fell 3.74% in the last session, settling at 197.40, amid negative pressure from the 50-day SMA, with the dominance of the downward correctional medium-term trend, with negative signals from the RSI after reaching overbought levels

Therefore we expect more losses for the stock, targeting the first support at 191.85, provided the resistance of 205.30 holds on.

Expected trend for today: Bearish