DAILY TECHNICAL ANALYSIS OF BOEING CO. & TRADING TIPS

DAILY TECHNICAL ANALYSIS OF BOEING CO. & TRADING TIPS

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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