Boeing tries to vent off overbought saturation - Analysis - 07-04-2021

2021-04-07 12:13:46 GMT (Economies.com)
 

Boeing's stock (BA) fell 1.62% in the last session while gathering positive momentum and venting off overbought saturation in the RSI, as the stock trades alongside the upward short-term trend line, with positive pressure from the 50-day SMA.

 

Therefore we expect the stock to return higher and target the important resistance of 278.25, provided it holds above 253.60. 

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.2054
0.0028
0.2370%
1.3887
-0.0066
0.4752%
Tadawul
10127.90
18.31
0.18%
26.053
0.262
1.014%
61.740
-1.438
2.276%
65.72
0.34
0.52%
1783.200
11.750
0.663%
 
 
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