Watch These Boeing Price Levels After Stock Jumps to Highest Level in 15 Months
Key Takeaways
- Boeing shares closed at their highest level since February 2024 following news that the company will resume delivering planes to China next month.
- The stock broke above a flag pattern in Thursday’s trading session, setting the stage for a continuation move higher.
- Investors should watch key support levels on Boeing’s chart around $199 and $187, while also monitoring resistance levels near $234 and $265.
Boeing (BA) shares closed at their highest level since February last year on news that the company will resume delivering planes to China next month.
CEO Kelly Ortberg said that the country’s airlines had indicated they would begin taking first deliveries in June, with the development coming after China earlier this…
