US Stocks: BXP (Boston Properties, Inc.) – May 28, 2010

May 28, 2010

Boston Properties, Inc. stocks or BXP as listed in the S&P 500 was able to keep its current ascent intact as it bounced off its support line during the last 4 trading sessions. It could reach its 1-year high at $83.42 if it continues moving north. In case it breaks above the $83.42 price mark, it could aim for $97.5 which is its next resistance level. On the other hand, if BXP falls, the uptrend support should still give it some lift. A break of the uptrend line, however, could send the stock all the way down to $70.94. In the mean time, it could just move sideways for awhile, of course, with a little bias upward.

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