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BOEING SHARE PRICE WEEKLY TECHNICAL ANALYSIS

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Boeing is the worlds largest Aerospace company and leading manufacturer of commercial jetliners , defence ,space and security systems and service provider of after market support.Boeing stock has started its correction from 246 here is the weekly technical analysis of Boeing stock.

Last week Boeing stock opened  at the level of  237.60 and immediately moves high to register the weekly high and the sellers came back to sell the stock to the week low of  231 and closed just 2% above the weekly low.

For coming week Boeing support lies between 230 to 232 if support breaks stock may fall to the levels of  220 to 222 if support holds the stock may bounce to the levels of  241 and 246 .

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