Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $330.00 short put and a strike $320.00 long put offers a potential 56.25% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $330.00 by expiration. The full premium credit of $3.60 would be kept by the premium seller. The risk of $6.40 would be incurred if the stock dropped below the $320.00 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 58.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Airlines inspecting Boeing 737 engines after fatal Southwest incident
Wed, 18 Apr 2018 09:27:16 +0000
Some major customers of Boeing Co's popular 737 jets including Korean Air Lines Co Ltd said on Wednesday they were inspecting engines of the type that blew apart mid-air on a fatal Southwest Airlines Co flight on Tuesday. European regulators this month began requiring an inspection by early next year, and a person familiar with the matter said U.S. regulators were near a similar rule, which affects a number of 737s in operation globally. Southwest Flight 1380 made an emergency landing in Philadelphia on Tuesday after an engine ripped apart mid-air, shattering a window on the 737 and nearly sucking a passenger through.
[$$] Korean Air to inspect Boeing engines
Wed, 18 Apr 2018 08:52:59 +0000
The move comes soon after an engine failed on a Southwest Airlines aircraft en route from New York to Dallas and damaged the fuselage, forcing an emergency landing in Philadelphia. Korean Air said the same type of fan blade as the one on the Southwest jet was used for about 20-30 percent of its Boeing 737s, so it planned to run checks on the fan blades on all its 737s by November.
Korean Air to inspect engines of Boeing 737 fleet by November – official
Wed, 18 Apr 2018 07:51:24 +0000
Korean Air Lines <003490.KS> plans to inspect engines used in its entire Boeing 737 fleet by November, a company official said on Wednesday. This comes on the heels of an engine failure at U.S. carrier Southwest Airlines Co (LUV.N) that involved a fan blade separating from a Boeing 737 engine on Tuesday. Korean Air said about 20-30 percent of its Boeing 737s use the same type of fan blade as the one on the Southwest jet, and that Korean Air voluntarily plans to run checks on the fan blades on all its 737s by November.
Korean Air to inspect engines of Boeing 737 fleet by Nov – official
Wed, 18 Apr 2018 07:48:01 +0000
Korean Air Lines plans to inspect engines used in its entire Boeing 737 fleet by November, a company official said on Wednesday. This comes on the heels of an engine failure at U.S. carrier Southwest Airlines Co that involved a fan blade separating from a Boeing 737 engine on Tuesday. Korean Air said about 20-30 percent of its Boeing 737s use the same type of fan blade as the one on the Southwest jet, and that Korean Air voluntarily plans to run checks on the fan blades on all its 737s by November.
What Passengers Saw: Southwest’s Deadly Midair Emergency
Wed, 18 Apr 2018 07:42:07 +0000
A Southwest Airlines passenger broadcast a video on Facebook Live midair after an engine broke apart, apparently rupturing a window and killing a passenger.
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