Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $128.00 short call and a strike $133.00 long call offers a potential 27.23% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $128.00 by expiration. The full premium credit of $1.07 would be kept by the premium seller. The risk of $3.93 would be incurred if the stock rose above the $133.00 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 31.68 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
[$$] Iran Faces Financial Hurdles for Airbus Orders
Thu, 02 Jun 2016 04:12:05 GMT
Boeing may be redesigning its most popular plane to fix a ‘major mistake'
Wed, 01 Jun 2016 21:23:31 GMT
Defense Stock Roundup: Boeing Scores Multi-Billion-Dollar Contract, Loses on KC-46 Tanker Delivery Delay
Wed, 01 Jun 2016 20:33:08 GMT
Lockheed, Boeing Bombs In Demand As U.S. Reloads Against ISIS
Wed, 01 Jun 2016 20:31:13 GMT
Boeing gets another $1.5 billion to convert free-fall bombs into guided rockets
Wed, 01 Jun 2016 18:45:15 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook