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 18.76% return on risk over the next 8 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 $0.79 would be kept by the premium seller. The risk of $4.21 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 31.69 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
Should You Take a Chance With Boeing?
Sun, 16 Mar 2014 19:37:09 GMT
Malaysian Officials Announce Significant Expansion of Search For Flight 370
Sun, 16 Mar 2014 10:41:00 GMT
Malaysia police says still waiting for checks on passengers
Sun, 16 Mar 2014 10:10:27 GMT
Map: India's Air Search for Missing Malaysian Flight
Sun, 16 Mar 2014 03:24:15 GMT
Losing Jet Exposes Communications Gap at 35,000 Feet
Sat, 15 Mar 2014 23:08:53 GMT
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