Stocks

Boeing seeks a bottom to bolster it - Analysis- 22-01-2021

2021-01-22 12:36:46 GMT (Economies.com)

Boeing's stock (BA) fell 1.91% in the last session while trading alongside the upward medium-term trend line, with positive signals from the RSI, while seeking a bottom to bounce it higher anew. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 234.58, provided it holds above 208.04. 

 

Expected trend for today: Bullish

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