Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 12.11% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $1.08 would be kept by the premium seller. The risk of $8.92 would be incurred if the stock dropped below the $120.00 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 38.96 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
The Boeing Company: Plenty of Runway and Clear Skies Ahead
Thu, 19 Jun 2014 20:05:00 GMT
Boeing's 737 Business Booms
Thu, 19 Jun 2014 16:58:00 GMT
Dubai, Once a Humble Refueling Stop, Is Crossroad to the Globe
Thu, 19 Jun 2014 00:35:34 GMT
Will Boeing Climb Higher?
Wed, 18 Jun 2014 19:51:03 GMT
Boeing Noses Down as the Dow Rises
Wed, 18 Jun 2014 18:42:00 GMT
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