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BOEING CO
(BA-NYSE):
Technical Viewpoint: From a low
of $31.56 on Mar 13, 2000 prices
rallied, reaching a
high of $38.94
on Mar 30, 2000. A
decline saw prices pull back, reaching a
low of
$34.06 on Apr 17, 2000.
Another rally saw prices penetrate
resistance, closing 4/20/00
at $40.06. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 20, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $37 3/4. Resistance: Is at $43 7/8.
Point & Figure: Reversed to the upside on Apr 19, 2000. A P&F upside
reversal takes place at $37 1/2. Summary: Technical indicators have turned bullish. BUY! BOEING CO
(BA-NYSE) @ $40 3/8 Stop: Use a protective stop of $37 5/8.
BOEING CO is currently trading @ $40.06 plus $2.81 on Apr 20, 2000. Price Objective:
$54 3/4. Risk/Reward: $2 3/4 VS. $14 3/8. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$54 3/4
Risk/Reward:
$2 3/4 VS. $14 3/8
Risk/Reward Ratio:
5:1
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