Watch These Boeing Stock Price Levels After 5-Session Winning Streak Snapped

Key Takeaways

  • Boeing shares closed slightly lower on Tuesday to put an end to a five-day winning streak during which the stock gained 14%.
  • Since forming a bullish piercing pattern earlier this month, the stock has continued to move higher, potentially forming a double bottom in the process.
  • Investors should watch overhead areas on Boeing’s chart around $187 and $215, while also tracking important support levels near $140 and $121.

Boeing (BA) shares closed slightly lower on Tuesday to put an end to a five-day winning streak during which the stock gained 14%.

The stock got a boost to start the week after analysts at Berstein upgraded the stock, pointing out that the jet maker’s narrower-than-expected first quarter loss posted last…

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