Boeing Company Stock Code BA.NYS
After reaching a high of $244.08 on 7 December 2020, price has been on a downtrend. During the downtrend, price has managed to stay above the cloud, keeping the uptrend intact. Price is now approaching the upper edge of the cloud, which is providing support at the moment. Lagging Span is below price of 26 days ago but is above the cloud. MACD is bullish and the faster line is turning up again near to the zero line, hinting of a bullish price trend ahead. We think the correction could be coming to an end and price is likely to resume its uptrend again for $244.08 again.
$244.00 Price Target
$190.60 Risk Management Stop
3 weeks Trade Duration