Boeing reported strong earnings
Wednesday, July 25, 2007
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.
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Labels: BA