Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $135.00 short call and a strike $145.00 long call offers a potential 6.72% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $135.00 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $9.37 would be incurred if the stock rose above the $145.00 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 29.57 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Investigators eye pilots' actions in Asiana crash
Tue, 24 Jun 2014 13:40:32 GMT
Will Boeing (BA) Stock Be Helped By Delta Air Lines (DAL) Support Of Export-Import Bank?
Tue, 24 Jun 2014 13:23:00 GMT
Need for the Ex-Im Bank: Bossidy
Tue, 24 Jun 2014 11:16:00 GMT
Emirates to Consider A350 and Dreamliner for Middle East Routes
Tue, 24 Jun 2014 09:13:38 GMT
[$$] Delta Air Lines Chief Softens Stance on Export-Import Bank
Tue, 24 Jun 2014 04:48:53 GMT
The Wall Street Journal – The head of Delta Air Lines is expected to back the Export-Import Bank of the U.S. providing some support for sales of Boeing's biggest jets, softening his stance even as the agency's political critics …
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