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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 $41 1/4
on Apr 24, 2000. A
decline saw prices pull back, reaching a
low of
$36 1/4 on May 19, 2000.
Another rally saw prices penetrate
resistance, closing 6/15/00
at $41.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 25, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $38 1/4. Resistance: Is at $41 1/4.
Point & Figure: Reversed to the upside on Jun 15, 2000. A P&F upside
reversal takes place at $38 1/4. Summary: Technical indicators have turned bullish. BUY! BOEING CO
(BA-NYSE) @ $41 1/8 Stop: Use a protective stop of $38 5/8.
BOEING CO is currently trading @ $41.00 plus $2.19 on Jun 15, 2000. Price Objective:
$50.00. Risk/Reward: $2 1/2 VS. $8 7/8. Today's Risk Reward Ratio: 3:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$50.00
Risk/Reward:
$2 1/2 VS. $8 7/8
Risk/Reward Ratio:
3:1
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