Boeing amid positive outlook - Analysis - 11-09-2019

Boeing's stock rose in the intraday levels while buoyed by exiting a descending price channel that guided recent trading, with positive support from the 50-day SMA, coupled with positive signals from the RSI, while surrounded with positive signals. 

Therefore we expect the stock to rise and target the resistance of 383.28, as long as the support of 365.18 holds on. 

Expected trend for today: Bullish