Watch This Boeing Co (BA) Bounce Level

Leading aerospace firm, Boeing CO (BA), has been pulling back since December 7th, 2020. At that time, the stock was flying high trading as high as $244.08 a share. Since that pivot top the shares have been steadily declining. Boeing CO (BA) stock is now trading around $206.00 a share. Traders should watch for daily chart support around the $187.00 area.

This is where there is a major gap fill in the chart from November 13th, 2020. There is also a rising 100-day moving average just below that level adding strength to the support area. Aggressive swing traders can look for a bounce in Boeing Co (BA) stock around that $187.00 area.

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