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Boeing Stock Price Levels to Watch After Plane Maker Upsizes Share Offering
BoeingBoeing(US:BA) Investopedia·2024-10-29 19:40

Key TakeawaysBoeing shares could remain on radar screens Tuesday after the embattled plane maker upsized a share offering announced earlier yesterday in a bid to shore up its finances.The stock recently rallied from the lower trendline of a falling wedge pattern but ran into resistance around the 50-day moving average, indicating underlying selling pressure.Investors should monitor key support levels on Boeing's chart around 146and146 and 121, while also eyeing resistance areas near 192,192, 234, and $268. Boeing ...