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Stock Of The Day: 3 Classic Lessons On The Boeing Chart
BABoeing(BA) Benzinga·2025-05-17 02:12

Boeing Co BA shares are flat on Friday. They are consolidating after gaining more than 50% in value since the April lows. Some analysts have attributed the recent strength to President Donald Trump's signing of deals worth over $200 billion between the U.S. and the United Arab Emirates (UAE).The chart of Boeing illustrates the validity of three old classic Wall Street sayings. This is why we have made Boeing our Stock of the Day.The first is “buy the breakout.”Resistance is a price level where there is a la ...