| Boeing Is Back Into All Time Highs: How To Trade It |
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inthemoneystock
Contributing Member
Cash: $ 7.50
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Joined: 12 Jan 2011
Location: New York City, New York
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| Boeing Is Back Into All Time Highs: How To Trade It |
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The Boeing Company (NYSE:BA) is back into its $108.15 double top, all time high. Just last week, BA hit this $108 level and collapsed after a fire was reported at Heathrow Airport. The stock fell in one day from $108.15 to $98.99. This was an epic one day fall on heavy volume. Since then, the stock has spiked back into that same level. Based on the volume level and the significance of this high last week and in 2006, a pull back should come in. In addition, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is into a double top resistance area. Look for a pull back on Boeing off this level in the coming weeks.
Gareth Soloway
InTheMoneyStocks
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Thu Jul 18, 2013 4:45 pm |
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littleroc02us
Moderator
Cash: $ 384.35
Posts: 1891
Joined: 09 Feb 2009
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| Re: Boeing Is Back Into All Time Highs: How To Trade It |
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quote:
Originally posted by inthemoneystock
The Boeing Company (NYSE:BA) is back into its $108.15 double top, all time high. Just last week, BA hit this $108 level and collapsed after a fire was reported at Heathrow Airport. The stock fell in one day from $108.15 to $98.99. This was an epic one day fall on heavy volume. Since then, the stock has spiked back into that same level. Based on the volume level and the significance of this high last week and in 2006, a pull back should come in. In addition, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is into a double top resistance area. Look for a pull back on Boeing off this level in the coming weeks.
Gareth Soloway
InTheMoneyStocks
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Thu Jul 18, 2013 7:30 pm |
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Radix3d
Preferred Member
Cash: $ 21.60
Posts: 105
Joined: 20 Mar 2013
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$5 in book value per share and it's trading at $106? That's crazy expensive or am I missing something?
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Sun Jul 21, 2013 8:10 am |
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Ryaan
Contributing Member
Cash: $ 5.80
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Joined: 04 Nov 2013
Location: USA
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Boeing stock has risen more than 95% over the last 10 years, compared to the S&P 500 Index, which is up 23.5%. EPS for FY13 is $6.45 and $7.12 for FY14, based on sales of $84.9 billion and $92.5 billion respectively. The estimated 2014 revenues to grow by 11% YoY.Boeing’s commercial segment is likely to experience strong growth well into next year.
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Tue Nov 05, 2013 9:03 am |
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