Description
⋅ Boeing stock continues to be pressured by well-defined falling resistance from 2019, maintaining the dominant downside focus.
Bullish crossover (Golden Cross) between the 20-day and 50-day moving averages seems to be around the corner, offering near-term upward bias.
Further gains to place focus on March 2021 highs.
A turn lower has the May low eyed, but a potential rising trendline from 2020 low could maintain the medium-term upside focus.
NYSE:BA