Is Boeing losing ?www.cnbc.com
Wow. Firing of a CEO could help the share price to jack up by 3%! So, in a Company, the CEO is crucial, his or her words provide confidence to the investors and apparently the outgoing CEO has failed in this aspect.
Chart wise, I see 2 possibilities though I am not quite optimistic that the share price would continue its upward trajectory from here. Rather, I think it is likely for it to further fall to around 294.75 where it meets its support before a rebound.
I am putting this stock in my watch list and are neutral at this juncture.