Boeing rises alongside the downward trend line - Analysis - 17-05-2019

Boeing's stock rose in the short term, with negative pressure from the 50-day SMA, while trading alongside the downward correctional trend line, countered by positive signals from the RSI. 

Therefore we expect the stock fall and target the support of 337.00, as long as the resistance of 362.00 holds on. 

Expected trend for today: Bearish