Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $167.50 short call and a strike $172.50 long call offers a potential 5.26% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $167.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $172.50 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 62.87 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
[$$] Ryanair Profit Falls as Overcapacity Pressures Ticket Prices
Tue, 07 Feb 2017 05:13:48 GMT
GE Rival Siemens, In ‘Breakthrough,' Tests 3D-Printed Turbine Blades
Mon, 06 Feb 2017 21:07:52 GMT
Here's Your Sell-Side Conference Preview
Mon, 06 Feb 2017 20:42:18 GMT
What you need to know on Wall Street right now
Mon, 06 Feb 2017 19:05:08 GMT
Four Reasons President Trump Could Send U.S. Astronauts To Mars
Mon, 06 Feb 2017 16:30:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook