Today we'll revisit boeing analysis performed last month (read here)
interesting facts:
1- boeing recovered from 61.8% retracement of hte last bullish move at 83.78$.
2- broke resistance line at 80$.
3- MACD shows the begining of bullish diversion (not complete yet).
4- rsi broke resistance pattern.
next challange for the stock is at 87.2$ value, breaking it would lead to target of 91.72$, failure to do so would take the stock to a bearish sentiment targetted to 83.78$.
Thursday, February 21, 2008
Boeing Stock (BA) Technical Analysis - february revisit
That's all for today ... thanks for reading the post,
come back soon for more updates,
use the search to lookup for more interesting stocks you might be interested in,
feel free to leave your comments on the post, or contact me
enjoy your online market trading!!
have a nice day,
Shadi
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