HotForex

Boeing Approaching Support at 362

Short
NYSE:BA   Boeing Company (The)
After the revelation that the 737 Max 8 was configured to dive, Boeing's stock price appears to be pushing towards the 362 Support level as the potential for orders returning to base can hurt the company's profits. At 382, the Resistance level appears to be further away, even though the last candle moved up. Stochastics and the MACD are both pointing downwards.

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