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 17.1% return on risk over the next 23 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 $0.73 would be kept by the premium seller. The risk of $4.27 would be incurred if the stock rose above the $134.00 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 76.78 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing moves closer to expanding in South Carolina
Thu, 28 Aug 2014 23:53:00 GMT
Boeing, Silk Way Airlines Celebrate Delivery of Two 747-8 Freighters
Thu, 28 Aug 2014 19:09:00 GMT
PR Newswire – EVERETT, Wash., Aug. 28, 2014 /PRNewswire/ — Boeing (BA) and Silk Way Airlines today celebrated the delivery of the airline's two 747-8 Freighters. Both new 747-8 Freighters will bring new levels of efficiency to the Baku, Azerbaijan-based cargo carrier. “We strive to be a successful and profitable cargo operator by investing in our fleet and our services, and by continuing to increase our regional and international footprint,” said Zaur Akhundov, president, SW Holding, parent company of Silk Way Airlines. Silk Way Airlines is considered as one of the leading cargo carriers in the region, providing full-fledged services to Europe, the United Kingdom and Middle East, as well as the Far East including South Korea, China and Hong Kong.
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