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 14.81% 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 $1.29 would be kept by the premium seller. The risk of $8.71 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 79.39 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Rolls-Royce wins $5 billion order from Delta
Fri, 21 Nov 2014 08:14:55 GMT
Nikkei edges up as PM clears way for election, but posts first weekly drop in 5 weeks
Fri, 21 Nov 2014 06:27:10 GMT
Boeing gets Kuwait Air deal
Thu, 20 Nov 2014 23:45:00 GMT
Exclusive – Boeing says it has no plans for long-range 737 MAX
Thu, 20 Nov 2014 23:44:09 GMT
Exclusive – Boeing says it has no plans for long-range 737 MAX
Thu, 20 Nov 2014 23:18:42 GMT
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