Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $130.00 short call and a strike $140.00 long call offers a potential 8.81% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $130.00 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $9.19 would be incurred if the stock rose above the $140.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Boeing is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Boeing is bearish.
The RSI indicator is at 40.42 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
[$$] Boeing Takes Lead to Build Space Taxi
Tue, 16 Sep 2014 05:12:42 GMT
The Wall Street Journal – Boeing appears positioned to beat out SpaceX for the bulk of a multibillion-dollar NASA contract to ferry astronauts to and from orbit.
5:48 pm Boeing awarded multiple Dept. of Defense contracts
Mon, 15 Sep 2014 21:48:00 GMT
Why Alcoa (AA) Stock Is Down in After-Hours Trading Today
Mon, 15 Sep 2014 20:37:00 GMT
Air France strike hits European travel
Mon, 15 Sep 2014 19:56:09 GMT
Alcoa Lands Boeing to Further Its High-Flying Aerospace Ambitions
Mon, 15 Sep 2014 10:00:00 GMT
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