Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $130.00 short call and a strike $140.00 long call offers a potential 9.05% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $130.00 by expiration. The full premium credit of $0.83 would be kept by the premium seller. The risk of $9.17 would be incurred if the stock rose above the $140.00 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 48.05 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Jefferies Stocks to Buy That Could Jump From an Earnings Surprise
Tue, 15 Apr 2014 12:15:09 GMT
Japanese Supplier for Boeing 777X to Build New Plant: Report
Tue, 15 Apr 2014 11:30:35 GMT
Fuji Heavy Industries o open factory plant for next-gen Boeing jets, Nikkei says
Tue, 15 Apr 2014 10:29:26 GMT
What Do Hillary Clinton, Boeing, and Russia Have in Common?
Tue, 15 Apr 2014 02:52:02 GMT
Fuji Heavy plans factory to make Boeing 777X wing boxes: Nikkei
Tue, 15 Apr 2014 02:46:33 GMT
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