- Boeing reversed from the support zone
- Likely to rise to resistance level 230.00
Boeing recently reversed up from the support zone between the pivotal support level of 217.50 (former top of wave 1 from June) and the lower daily Bollinger Band.
This support zone was further strengthened by the 50% Fibonacci correction of the upward impulse i from June.
Given the clear daily uptrend, Boeing can be expected to rise to the next resistance level 230.00 – the breakout of which can lead to further gains toward 240.00.
- Likely to rise to resistance level 230.00
Boeing recently reversed up from the support zone between the pivotal support level of 217.50 (former top of wave 1 from June) and the lower daily Bollinger Band.
This support zone was further strengthened by the 50% Fibonacci correction of the upward impulse i from June.
Given the clear daily uptrend, Boeing can be expected to rise to the next resistance level 230.00 – the breakout of which can lead to further gains toward 240.00.
By the FxPro Analyst Team
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Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.