01.04.2016 - Shares of Boeing will probably continue to decline

Price of Boeing shares show strong decline after failed to fix above the resistance level of 135.50. As a result, the price broke through the inclined support line that became the basis for the continuation of negative dynamics of price with the first target at 120.00. In case of growth resumption, quotations may return to the resistance levels at 140.50 and 148.00. Our medium-term outlook is positive, but the current negative momentum is likely to continue in the near future.

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