Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $120.00 short put and a strike $110.00 long put offers a potential 7.53% 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 $120.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $9.30 would be incurred if the stock dropped below the $110.00 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 48.26 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Brazil airline Azul to order Airbus wide-body jets -sources
Wed, 23 Apr 2014 01:03:44 GMT
Wall Street's bull market starts to show its age
Tue, 22 Apr 2014 22:40:35 GMT
Boeing earnings: Focus on order book, outlook
Tue, 22 Apr 2014 18:54:58 GMT
Fields to be Named Ford CEO Soon
Tue, 22 Apr 2014 18:10:06 GMT
Can Boeing Earnings Provide Liftoff After 787 Battery Glitch?
Tue, 22 Apr 2014 17:10:19 GMT
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