Boeing Co

By root | October 08, 2007 AAA

For today's chart we've chosen to take a look at Boeing Co. (NYSE:BA) because a double top pattern has formed on the chart. As you can see from the chart below, traders will watch for a move toward the established support level near $94. Once the price nears the support then traders will turn their attention to whether or not the bears are able to send the price below. A close below the identified support will be a technical signal of a long-term shift in the prolonged uptrend.



You May Also Like

Related Analysis
  1. Stock Analysis

    More Bad News for Altria: Regulators Attack E-Cigs

  2. Stock Analysis

    How Melco Crown's Mass-Market Focus Could Win Out

  3. Stock Analysis

    Are Banks Running Scared of Medallion Loans?

  4. Stock Analysis

    3 Things I Learned From NVIDIA's Analyst Day

  5. Stock Analysis

    3 Under-the-Radar Risks for Gilead Sciences

Trading Center