Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $134.00 short call and a strike $139.00 long call offers a potential 10.62% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $134.00 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $4.52 would be incurred if the stock rose above the $139.00 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 49.54 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Boeing
Before Buying Boeing Stock, You Must Read This
Sun, 15 Jun 2014 16:16:31 GMT
Can Boeing Soar Higher?
Sun, 15 Jun 2014 16:04:02 GMT
Why Boeing, Home Depot, and Wal-Mart Pulled the Dow Down Last Week
Sat, 14 Jun 2014 21:04:38 GMT
A Cantor Effect for Businesses and the G.O.P.
Sat, 14 Jun 2014 17:42:46 GMT
Is Eric Cantor's Shocking Loss Horrible News for Boeing's Future?
Sat, 14 Jun 2014 14:02:16 GMT
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