Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Wajeeh Khan

Boeing Jumps on New Pentagon Deal. Should You Buy BA Stock Here?

Boeing (BA) shares closed meaningfully higher on April 1 after the aerospace giant secured a new seven-year framework agreement with the Pentagon to triple production of PAC-3 missile seekers.

The rally helped BA break above its 20-day moving average (MA) this morning, a technical setup that often signals shifting near-term momentum in favor of the bulls. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.