Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $126.00 short put and a strike $121.00 long put offers a potential 10.62% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $126.00 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 dropped below the $121.00 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 62.69 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
U.S. report rips Boeing, Raytheon quality controls on missile defense
Tue, 09 Sep 2014 01:04:55 GMT
Reuters – The Pentagon's internal watchdog on Monday said it found numerous quality control problems during an investigation of the troubled “kill vehicle”, or warhead, built by Raytheon Co for the Boeing Co -led U.S. In the report, the Pentagon's inspector general said quality standards were not met in 48 specific cases, involving issues that ranged from software testing, supply chain requirements and management of design changes that made the kill vehicle “suspectible to quality assurance failures.”
Ryanair buys 100 Boeing 737 MAX jets, sees fare price war
Mon, 08 Sep 2014 21:59:39 GMT
Boeing feels strong pressure to increase 737 jet output
Mon, 08 Sep 2014 21:57:51 GMT
Ryanair buys 100 Boeing 737 MAX jets, sees fare price war
Mon, 08 Sep 2014 21:55:42 GMT
[$$] Ryanair to Buy Up to 200 Jets From Boeing
Mon, 08 Sep 2014 21:25:44 GMT
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