Boeing reported strong earnings
Wednesday, July 25, 2007
( Yesterday close ) Chart courtesy of stockcharts

Shares of Boeing rose more than 3% to a new 52 week high at 107.83$, after reported higher-than-expected profit, up from a year ago loss, and raised its full-year forecast based on higher deliveries of commercial planes along with strong defense-related sales. Looking at the daily chart of today session, we can see that stock breakout today an importante resistance at 105.60$ and the trend is now clear, UP !! however we should pay some attention due to the fact that atock reached overboughts conditions.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 11:02 AM | Permalink


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