Boeing Companys stock price (BA) extended its gains in latest intraday trading, attacking the pivotal resistance level of $218.80, amid the dominance of the main upward trend in the short term and trading alongside a rising trend line. The stock remains under ongoing positive pressure due to trading above the 50-day SMA, supported as well by positive signals streaming from the Stochastic, despite it reaching extremely overbought levels.

Therefore we expect the stock to rise in upcoming trading, especially if it breaches the aforementioned resistance of $218.80, targeting the next resistance at $233.00.

Todays price forecast: Bullish