BOEING CO
(BA-NYSE):
Technical Viewpoint: From a low
of $54.56 on Jan 30, 2001 prices
rallied, reaching a
high of $63.90
on Feb 27, 2001. A
decline saw prices pull back, reaching a
low of
$58.30 on Mar 2, 2001.
Another rally saw prices penetrate
resistance, closing 3/9/01
at $65.50. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Feb 20, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $63.00. Resistance: Is at $66.75.
Point & Figure: Reversed to the upside on Mar 5, 2001. A P&F upside
reversal takes place at $63.00. Summary: Technical indicators have turned bullish. BUY! BOEING CO
(BA-NYSE) @ $65.62 Stop: Use a protective stop of $62.87.
BOEING CO is currently trading @ $65.50 plus $.75 on Feb 20, 2001. Price Objective:
$79.00. Risk/Reward: $2.75 VS. $13.38. Today's Risk Reward Ratio: 5:1
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