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Benzinga
Benzinga
Business
Melanie Schaffer

Boeing Stock Loses Altitude But Holds This Breakout Pattern: Here's Watch To Watch Going Forward

Boeing Co (NYSE:BA) was retesting a descending trendline as support for the third day in a row on Thursday, which the stock broke up bullish from on April 19 after Benzinga called it out five days prior.

The break up from the trendline also marked the point at which it could be confirmed Boeing had reversed course into an uptrend pattern on the daily chart.

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