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BOEING CO
(BA-NYSE):
Technical Viewpoint: From a low
of $41.00 on May 12, 1999 prices
rallied, reaching a
high of $45.81
on May 24, 1999. A
decline saw prices pull back, reaching a
low of
$40.81 on Jun 14, 1999.
Another rally saw prices penetrate
resistance, closing 7/13/99
at $46.31. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jul 8, 1999 when the solid line crossed the dotted line to the upside.
Support: Remains at $43.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jun 25, 1999. A P&F upside
reversal takes place at $43 1/2. Summary: Technical indicators have turned bullish. BUY! BOEING CO
(BA-NYSE) @ $46 1/2 Stop: Use a protective stop of $43 7/8.
BOEING CO is currently trading @ $46.31 plus $1 5/8 on Jul 13, 1999. Price Objective:
$58 1/2. Risk/Reward: $2 5/8 VS. $12.00. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$58 1/2
Risk/Reward:
$2 5/8 VS. $12.00
Risk/Reward Ratio:
4:1
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