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…