Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $122.00 short call and a strike $127.00 long call offers a potential 19.9% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $122.00 by expiration. The full premium credit of $0.83 would be kept by the premium seller. The risk of $4.17 would be incurred if the stock rose above the $127.00 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 29.08 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
This sector could be signaling a correction
Fri, 01 Aug 2014 03:07:56 GMT
Talking Numbers – http://l.yimg.com/hv/api/res/1.2/Aku2pTv5pHnEJydicpwFHQ–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.tncnbc.com@feba97ae-930f-3153-a067-efaaa0f9ab65_FULL.jpg
Boeing to Assemble 787-10 Dreamliner in South Carolina
Thu, 31 Jul 2014 21:32:23 GMT
Market panic is likely to subside: Jon Najarian
Thu, 31 Jul 2014 21:02:29 GMT
Boeing Raises Jet Prices 3.1 Percent; 777-9X Costs Most
Thu, 31 Jul 2014 18:56:40 GMT
Boeing CFO to Speak at Jefferies 2014 Global Industrials Conference on Aug. 14
Thu, 31 Jul 2014 16:05:00 GMT
PR Newswire – CHICAGO, July 31, 2014 /PRNewswire/ — Boeing (NYSE: BA) Executive Vice President and Chief Financial Officer Greg Smith will speak at the Jefferies 2014 Global Industrials Conference in New York City …
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