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

Economies.com
2021-12-14 10:45AM UTC

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

Midday update for Brent oil 14-12-2021

Economies.com
2021-12-14 11:33AM UTC

Brent oil price provided temporary positive trades this morning and bounced bearishly to resume the expected bearish trend for today, and the way is open to visit 72.70 level that represents the frist negative target, reminding you that we expect to break this level and extend the bearish wave towards 71.00, while the expected decline will remain valid as long as the price is below 75.20.

 

The expected trading range for today is between 72.50 support and 75.30 resistance.

 

The expected trend for today: Bearish

Midday update for Crude oil 14-12-2021

Economies.com
2021-12-14 11:33AM UTC

Crude oil price continues to fluctuate around 70.85 level, and we still neutral until we get clearer signal for the next trend, to continue monitoring the price behavior according to the mentioned level.

 

To review the details of the expected targets after the breach, please check our morning report.

 

The expected trading range for today is between 69.40 support and 72.50 resistance.

The expected trend for today: Neutral

Midday update for Silver 14-12-2021

Economies.com
2021-12-14 11:33AM UTC

Silver price tardes below 22.15 level, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, paving the way to visit 21.40 that represents our next main target, reminding you that it is important to hold below 22.60 to continue the expected decline.

 

The expected trading range for today is between 21.70 support and 22.50 resistance.

 

The expected trend for today: Bearish