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Wajeeh Khan

Boeing Stock Looks Set to Challenge Its 50-Day MA. Should You Buy BA on Turnaround Hopes?

Boeing British Airways Jay Malave UBS

Boeing (BA) shares are pushing higher on Tuesday afternoon after the company’s CFO Jay Malave said its recovery is in “full force.”

BA is challenging its 50-day moving average (MA) at just over $205 at the time of writing. A break above this level could accelerate bullish momentum in the near term.  

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