[May 23, 2013] Look for Shares of Boeing to Potentially Pullback after Yesterday's 1.87% Rise Tweet May 23, 2013 (SmarTrend(R) News Watch via COMTEX) -- Boeing (NYSE:BA) traded in a range yesterday that spanned from a low of $97.06 to a high of $99.99. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $99.48 on volume of 6.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. In the past 52 weeks, shares of Boeing have traded between a low of $66.82 and a high of $99.99 and are now at $99.76, which is 49% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has risen 0.5%. SmarTrend recommended that subscribers consider buying shares of Boeing on February 7th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $76.91. Since that recommendation, shares of Boeing have risen 27.3%. We continue to monitor BA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]