Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $127.00 short put and a strike $122.00 long put offers a potential 21.36% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $127.00 by expiration. The full premium credit of $0.88 would be kept by the premium seller. The risk of $4.12 would be incurred if the stock dropped below the $122.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Boeing is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Boeing is bullish.
The RSI indicator is at 72.69 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
[$$] Boeing Tanker Problems Don't Concern U.S. Air Force
Tue, 26 Aug 2014 04:39:51 GMT
The Wall Street Journal – A senior U.S. Air Force general said he was unconcerned with development problems on the KC-46A Pegasus, a new aerial refueling tanker Boeing is building.
BOC orders 82 Boeing planes
Mon, 25 Aug 2014 23:00:00 GMT
Bank of China subsidiary buys 82 Boeing jets for $8.8bn
Mon, 25 Aug 2014 22:11:08 GMT
Financial Times – BOC Aviation, the aircraft leasing subsidiary of Bank of China, has made its biggest single order for aircraft yet with the purchase of 82 Boeing jets for $8.8bn, half of which will be used by customers …
Durable-goods orders might soar to record gain. Here's why.
Mon, 25 Aug 2014 20:54:00 GMT
“A war without bullets”: Rising trade tensions a long-term threat
Mon, 25 Aug 2014 16:54:04 GMT
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