30.12.2014 - The price of Boeing may resume the fall

Boeing stock price continued to rise in the descending channel and in the near future is likely to reach the level of 135.00 and the upper limit of the channel, and then quotes can resume the decline within the channel. In this case it is necessary to open short positions with a stop above 138.00 and objectives of 120.00 and 115.00. Growth is limited by the level of 143.00. We anticipate beginning of a correction in the near future and recommend to wait for a signal to sell.

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