Boeing tries to regain footing - Analysis - 13-07-2020

Economies.com
2020-07-13 13:01PM UTC

Boeing's stock rose 2.98% in the last session alongside the upward short-term trend line, with positive pressure from the 50-day SMA, with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 233.69, provided the support of 166.30 holds on. 

 

Expected trend for today: Bullish 

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