Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 7.99% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $9.26 would be incurred if the stock dropped below the $120.00 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 71.5 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Tesla Stock Bounces As Musk Tweets On Car Fire Probe
Tue, 19 Nov 2013 19:30:00 GMT
Investor's Business Daily – Tesla Stock Bounces As Musk Tweets On Car Fire Probe
Boeing 777 to be built where it makes ‘most sense'
Tue, 19 Nov 2013 19:07:36 GMT
CNBC – Shephard Hill, president of Boeing International, told CNBC that the company will build the new 777 “where it makes most sense.”
[$$] Emirates Airline Urges Boeing to Build 777X in U.S.
Tue, 19 Nov 2013 18:56:41 GMT
The Wall Street Journal – Emirates Airline has urged Boeing to rule out producing major parts in Europe or Japan, to avoid the kind of problems that beset the 787 Dreamliner program.
BOEING: We Need Six More Months To Fix The Dreamliner
Tue, 19 Nov 2013 18:24:00 GMT
Business Insider – Boeing will need about half a year to resolve…
Boeing’s Big Middle East Orders, Starbucks Confirms Outlook, and 3 More Hot Stocks
Tue, 19 Nov 2013 18:20:04 GMT
Wall St. Cheat Sheet – Here are some hot stocks seeing market movement today.
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