Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $125.00 short call and a strike $130.00 long call offers a potential 17.92% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $125.00 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $4.24 would be incurred if the stock rose above the $130.00 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 37.43 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
US STOCKS-Wall St falls 1 pct on global growth concerns
Tue, 07 Oct 2014 20:30:13 GMT
Polaris Eyes Defense Market With Special Ops Vehicle
Tue, 07 Oct 2014 19:39:00 GMT
Boeing Sees Cargo Doubling With Asian Routes Growing
Tue, 07 Oct 2014 14:31:00 GMT
[$$] Polaris, Boeing Field New Off-Road Military Vehicles
Tue, 07 Oct 2014 12:37:37 GMT
Global air cargo traffic to double in 20 years: Boeing
Tue, 07 Oct 2014 09:09:38 GMT
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