Watch These Boeing Price Levels as Stock Slips After South Korean Crash

Like
Comment
Favorite

Watch These Boeing Price Levels as Stock Slips After South Korean Crash

Investopedia2024-12-31

Key Takeaways Boeing shares fell more than 2% Monday after South Korea ordered an inspection of all 737-800 planes in the aftermath of a Jeju Air crash over the weekend that killed 179 people. The ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2495312836?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-31 11:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2495312836","market":"hk","top_or_hot":-1,"title":"Watch These Boeing Price Levels as Stock Slips After South Korean Crash","media":"Investopedia","content":"<div>\n<p>Key Takeaways\nBoeing shares fell more than 2% Monday after South Korea ordered an inspection of all 737-800 planes in the aftermath of a Jeju Air crash over the weekend that killed 179 people. The ...</p>\n\n<a href=\"https://www.investopedia.com/watch-these-boeing-price-levels-as-stock-slips-after-south-korean-crash-8767664\">Source Link</a>\n\n</div>\n","source":"investopedia_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Watch These Boeing Price Levels as Stock Slips After South Korean Crash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWatch These Boeing Price Levels as Stock Slips After South Korean Crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-31 11:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investopedia.com/watch-these-boeing-price-levels-as-stock-slips-after-south-korean-crash-8767664><strong>Investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Takeaways\nBoeing shares fell more than 2% Monday after South Korea ordered an inspection of all 737-800 planes in the aftermath of a Jeju Air crash over the weekend that killed 179 people. The ...</p>\n\n<a href=\"https://www.investopedia.com/watch-these-boeing-price-levels-as-stock-slips-after-south-korean-crash-8767664\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B5TLWC47.USD","symbol_name":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","start_time":0,"source_url":"https://www.investopedia.com/watch-these-boeing-price-levels-as-stock-slips-after-south-korean-crash-8767664","article_id":"2495312836","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2495312836","pubTimestamp":1735615971,"columns":[],"sourceInfo":{"source_id":"investopedia_highlight","name":"Investopedia"},"weMediaInfo":null,"summary":"Boeing shares fell more than 2% Monday after South Korea ordered an inspection of all 737-800 planes in the aftermath of a Jeju Air crash over the weekend that killed 179 people.The shares have trended higher after breaking out from a falling wedge on above-average volume earlier this month, signaling a potential bullish reversal.Investors should watch important overhead areas on Boeing's chart around $192, $243, and $270, while also monitoring a crucial support level near $140.Boeing  shares will likely remain on investors’ radar screens after slipping more than 2% Monday following news that South Korea ordered an inspection of all 737-800 planes in the aftermath of a Jeju Air crash over the weekend that killed 179 people.Boeing shares have had a turbulent 2024, weighed down by a series of aircraft quality issues and a prolonged strike by its union machinists that prompted the company to raise additional capital in a bid to preserve its investment-grade credit rating and stem its cash","collect":0,"end_time":0,"defaultTopTitle":"investopedia.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU0557290698.USD":"施罗德环球可持续增长基金","BK4535":"淡马锡持仓","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","RSI":"Rush Street Interactive, Inc.","BA":"波音","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","BK4527":"明星科技股","LU2764263039.SGD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (SGDHDG) ACC","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU0094547139.USD":"abrdn SICAV I - GLOBAL SUSTAINABLE EQUITY FUND \"A\" (USD) ACC","BK4588":"碎股","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0823421333.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) ACC","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","BK4551":"寇图资本持仓","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","LU0107464264.USD":"abrdn SICAV I - GLOBAL INNOVATION EQUITY \"A\" (USD) ACC","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","MA":"万事达","LU0109392836.USD":"富兰克林科技股A","LU2063271972.USD":"富兰克林创新领域基金","LU2077746001.SGD":"Blackrock ESG Multi-Asset A2 SGD-H","LU2361044865.SGD":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","BK4516":"特朗普概念","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU2317271919.USD":"BGF FUTURE CONSUMER \"A2\" (USD) ACC","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD"},"translate_title":"韩国崩盘后股价下跌，请关注波音公司的价格水平","themeId":"58d0c8e23eb6d72bceac7eb5e498963c","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BA":1,"RSI":1,"MA":1},"content_text":"Key Takeaways\nBoeing shares fell more than 2% Monday after South Korea ordered an inspection of all 737-800 planes in the aftermath of a Jeju Air crash over the weekend that killed 179 people. The shares have trended higher after breaking out from a falling wedge on above-average volume earlier this month, signaling a potential bullish reversal.Investors should watch important overhead areas on Boeing's chart around $192, $243, and $270, while also monitoring a crucial support level near $140.\n Boeing (BA) shares will likely remain on investors’ radar screens after slipping more than 2% Monday following news that South Korea ordered an inspection of all 737-800 planes in the aftermath of a Jeju Air crash over the weekend that killed 179 people.\n\n\n Boeing shares have had a turbulent 2024, weighed down by a series of aircraft quality issues and a prolonged strike by its union machinists that prompted the company to raise additional capital in a bid to preserve its investment-grade credit rating and stem its cash drain. \n\n\n Although the stock has lost one-third of its value this year, it has recovered around 14% over the past month as of Monday’s close, after the company reported earlier in December that it had restarted production of its troubled 737 MAX jets.\n\n\n Below, we take a closer look at Boeing’s weekly chart and use technical analysis to point out important price levels worth watching out for.\n\n\n  Falling Wedge Breakout  \n Boeing shares have trended higher after breaking out from a falling wedge on above-average volume earlier this month, signaling a potential bullish reversal.\n\n\n Despite today’s news-driven decline, the stock remains above the closely watched 50-week moving average (MA), indicating underlying buying pressure. Moreover, the relative strength index (RSI) confirms improving price momentum, with the indicator flashing its highest readings since January.\n\n\n Let’s identify three important overhead areas on the Boeing chart to watch, as well as a crucial support level to monitor if the shares undergo a retracement.\n\n\n  Important Overhead Areas to Watch  \n Further upside could see the shares climb to around $192. This area may provide resistance near the downward sloping 200-week MA and a trendline that connects a range of comparable price action on the chart from June 2020 to July this year.\n\n\n A close above this location may propel a move to the $243 area, a region on the chart where investors could decide to take profits near prominent swing highs that formed in December 2020 and July 2023.\n\n\n Buying above this level opens the door for a retest of higher overhead resistance around $270, an area where the shares may encounter selling pressure near prominent peaks in March 2021 and December last year. Interestingly, this region also roughly aligns with a bars pattern projected target that extracts the stock’s uptrend from October 2022 to July last year and repositions it from this year’s November low.\n\n\n  Crucial Support Level to Monitor  \n Upon a retracement, investors should keep a close eye on the $140 level. Buy-and-hold investors may look for entry points around this area near the falling wedge pattern’s lower trendline, which also closely aligns with range of similar price points extending back to October 2020.\n\n\n The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. Read our warranty and liability disclaimer for more info.\n\n\n As of the date this article was written, the author does not own any of the above securities.\n\nDo you have a news tip for Investopedia reporters? Please email us at\ntips@investopedia.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}