BOEING CO. Technical Analysis: Weekly Chart
In the weekly charts, BOEING CO. is trading in a down channel.
It is trading below all SMA.
The immediate support is 187.20 & the resistance level is at 200.77.
BOEING CO. is trading in the down channel until there is trend reversal.
BOEING CO. Technical Analysis: Daily Chart
In the daily charts, BOEING CO. is trading in an up channel.
It is trading above 20 days SMA & below 50 and 100 days SMA.
The immediate support is 189.66 & the resistance level is 199.39.
BOEING CO. is trading in the up channel until there is trend reversal.
How to Trade BOEING CO. this Week:
BOEING CO. will remain bearish until there is breakout of down channel in weekly charts.
TRADE SUGGESTION- SELL AT 193.52, TAKE PROFIT AT 189.66 AND STOP LOSS AT 199.39
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