Boeing tries to vent off oversold saturation - Analysis - 15-09-2020

2020-09-15 12:37:19 GMT (Economies.com)
 

Boeing's stock rallied 3.2% in the last session while venting off oversold saturation in the RSI with positive signals out of it, while hurt by piercing the upward trend line recently, with negative pressure from the 50-day SMA. 

 

Therefore we expect the stock to return lower, targeting the support of 135.67, provided the resistance of 181.62 holds on. 

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1853
-0.0025
0.2142%
1.2938
0.0039
0.3046%
Tadawul
8364.61
6.65
0.08%
26.764
-0.247
0.916%
40.896
3.836
10.351%
43.15
-0.26
0.60%
1950.000
-4.225
0.216%
 
 
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