Boeing at a Make-or-Break Level: Rejection or Reversal?

Boeing (BA) is currently retesting a long-term descending resistance (the purple trendline).
Price is also below the 50-day SMA (204.88), which is acting as dynamic resistance.

This zone around 202–205 is a very important decision point.

Bullish Scenario (Green Arrow)

If BA breaks above 205 and closes above the descending trendline:
• Target 1: 214
• Target 2: 222
• Target 3: 230 (major resistance)

Stop-loss for longs: below 198

Bearish Scenario (Red Arrow)

If BA gets rejected from 202–205:
• Target 1: 190
• Target 2: 182
• Target 3: 172 (major support)

Stop-loss for shorts: above 207

Short Fundamental Summary
• Boeing still struggles with production delays and quality issues.
• Demand for commercial aircraft remains high, but execution problems limit growth.
• Cash flow improving slowly but still under pressure.
• Market sentiment remains mixed—technicals currently drive price more than fundamentals.

Overall bias:
Bearish-to-neutral unless the breakout above 205 is confirmed.