Boeing tries to shake off negative pressure - Analysis - 07-08-2020

2020-08-07 13:39:52 GMT (Economies.com)
 

Boeing's stock fell in the intraday levels while gathering momentum to help it rise anew and shake off negative pressure form the 50-day SMA, with support from the 50-day SMA, while trading alongside the upward short-term trend line. 

 

Therefore we expect the stock to rise and target the resistance of 194.64, provided it holds above 166.30. 

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1915
0.0021
0.1795%
1.3380
-0.0003
0.0235%
Tadawul
8688.76
21.04
0.24%
23.307
-0.739
3.071%
45.585
2.760
6.445%
48.67
0.81
1.69%
1806.785
-59.725
3.200%
 
 
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