Boeing turns gains into losses - Analysis - 19-11-2020
2020-11-19 11:52:28 GMT
(Economies.com)
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
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1925
|
0.0031
|
0.2640%
|
|
|
|
|
1.3327
|
-0.0056
|
0.4155%
|
|
|
|
Tadawul
|
8693.47
|
65.41
|
0.76%
|
|
|
|
|
23.186
|
-0.860
|
3.577%
|
|
|
|
|
45.285
|
2.460
|
5.744%
|
|
|
|
|
48.14
|
0.36
|
0.75%
|
|
|
|
|
1805.560
|
-60.950
|
3.265%
|
|
News Today
2020-11-27 07:38:01 GMT
2020-11-26 12:52:10 GMT
2020-11-26 08:55:55 GMT
2020-11-25 20:38:42 GMT