Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $129.00 short call and a strike $134.00 long call offers a potential 16.82% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $129.00 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock rose above the $134.00 long call 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 39.27 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
[$$] FlyDubai Crash Could Have Been Pilot Error, Investigators Say
Fri, 08 Apr 2016 10:39:29 GMT
[$$] Boeing CEO Calls On Senate Committee to Approve Exim Bank Nominee
Fri, 08 Apr 2016 04:32:28 GMT
8 Amazing New Military Technologies
Fri, 08 Apr 2016 03:10:01 GMT
[$$] ExIm Bank political stand-off robs Boeing of aircraft deals
Thu, 07 Apr 2016 22:21:58 GMT
Financial Times – Boeing is losing valuable deals for aircraft and satellites to overseas rivals because of a stand-off in Congress over the future of the US Export-Import Bank which has limited the export credit agency's …
Boeing lands four orders for 747-8 Freighter, first of the year
Thu, 07 Apr 2016 21:14:50 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook