Boeing's stock (BA) hit a session-high at 222.06 before tumbling back and marking a loss of 3.21% on profit-taking, while gathering momentum and venting off overbought saturation in the RSI, amid the dominance of the upward medium-term trend, with support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 234.58, provided the support of 181.62 holds on.
Expected trend for today: Bullish