After inspecting the Boeing 737 MAX 9, Alaska Airlines has announced the resumption of flights on this aircraft. Previously, challenges have repeatedly surfaced with this model. However, with the proven reliability of Boeing's planes and no claims against the issuer, further revenue growth and business recovery opportunities may now be opening up for Boeing, especially in the competitive landscape with Airbus.
So, today, we will examine the Boeing Co. (NYSE: BA) stock chart.
On the D1 timeframe, resistance has formed at 231.61, with support at 199.50. If quotes consolidate at the 223.23 level, the downward trend may come to an end.
On the H1 timeframe, a rebound from the 199.50 level could set a short-term target for a price increase at 223.20, while in the medium term, it could hover around 231.61.
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Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
So, today, we will examine the Boeing Co. (NYSE: BA) stock chart.
On the D1 timeframe, resistance has formed at 231.61, with support at 199.50. If quotes consolidate at the 223.23 level, the downward trend may come to an end.
On the H1 timeframe, a rebound from the 199.50 level could set a short-term target for a price increase at 223.20, while in the medium term, it could hover around 231.61.
—
Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.