Bouncing back from a brief dip into the red zone, Boeing (BA) recently returned to the Green Favored Zone of the SIA S&P 500 Index Report and continues to climb up the rankings. The shares finished yesterday in 36th place, up 30 spots on the day and up 242 spots over the last month, boosted by an 8.2% gain in the share price. Shares continue to accelerate to the upside this week, gapping up toward $60.00 as they build on last month’s big breakout over $50.00, which completed a large, bullish, Ascending Triangle base and signaled the start of a new uptrend.
Menu