Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $132.00 short put and a strike $127.00 long put offers a potential 42.05% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $132.00 by expiration. The full premium credit of $1.48 would be kept by the premium seller. The risk of $3.52 would be incurred if the stock dropped below the $127.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Boeing is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Boeing is bullish.
The RSI indicator is at 62.12 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
The Economy, Interest Rates, Earnings and the Markets
Mon, 25 Jul 2016 09:47:17 GMT
Malaysia Airlines may announce Boeing order this week – report
Mon, 25 Jul 2016 05:14:05 GMT
Malaysia Airlines may announce Boeing order this week – report
Mon, 25 Jul 2016 05:14:05 GMT
9:45 am Boeing extends gap down start
Sun, 24 Jul 2016 13:45:00 GMT
China unveils ‘world's largest amphibious aircraft'
Sun, 24 Jul 2016 09:47:01 GMT
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