Bullish move on The Boeing Co.
The Boeing Co. ($BA) is crossing above the 200 day moving average today. This is a bullish development, the 200 day is a well respected longer term resistance line. A confirming bounce off the the 200 day will further confirm today’s move above the long term resistance.
The Boeing Co. is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.
The Boeing Co. Boeing Co, together with its subsidiaries designs, develops, manufactures, sells, services and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems and services.