Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $121.00 short call and a strike $126.00 long call offers a potential 19.9% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $121.00 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 $126.00 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 27.94 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
China Southern, at Last, Flies to New York Thanks to Its Boeing 777-300ER
Fri, 08 Aug 2014 10:45:00 GMT
Malaysia Airlines to Be Taken Over by Government
Fri, 08 Aug 2014 09:06:43 GMT
Lufthansa likely to expand long-haul low-cost ops – CEO in FT
Fri, 08 Aug 2014 06:36:37 GMT
Boeing, United Technologies stock up titanium parts from Russia: WSJ
Fri, 08 Aug 2014 05:40:56 GMT
Boeing, United Technologies stock up titanium parts from Russia – WSJ
Fri, 08 Aug 2014 05:36:05 GMT
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