- Boeing broke the resistance level 232.50
- Likely to rise to resistance level 240.00
Boeing recently broke the resistance level 232.50 (which stopped the previous minor impulse wave 3 in the middle of July, as can be seen below).
The breakout of the resistance level 232.50 continues the active short-term impulse wave 5 of the intermediate impulse wave (C) from June.
Given the clear daily uptrend, Boeing can be expected to rise further toward the next resistance level 240.00.
- Likely to rise to resistance level 240.00
Boeing recently broke the resistance level 232.50 (which stopped the previous minor impulse wave 3 in the middle of July, as can be seen below).
The breakout of the resistance level 232.50 continues the active short-term impulse wave 5 of the intermediate impulse wave (C) from June.
Given the clear daily uptrend, Boeing can be expected to rise further toward the next resistance level 240.00.
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.