Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $124.00 short call and a strike $129.00 long call offers a potential 29.2% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $124.00 by expiration. The full premium credit of $1.13 would be kept by the premium seller. The risk of $3.87 would be incurred if the stock rose above the $129.00 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 42.4 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing Has Higher Production Rates
Sun, 26 Oct 2014 23:12:51 GMT
Boeing Sells Spare Aircraft Parts to Iran as Sanctions Ease
Fri, 24 Oct 2014 20:35:01 GMT
Airlines shake off travel fears; gains on earnings
Fri, 24 Oct 2014 17:13:33 GMT
Dow 30 Stock Roundup: Boeing, Caterpillar Beat, IBM Misses
Fri, 24 Oct 2014 16:30:07 GMT
Falling Fuel Prices Might Pep Up, Not Spoil, Plane Makers' Party
Fri, 24 Oct 2014 12:25:21 GMT
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