Friday, October 31, 2014

Boeing Nose Dives

This morning, leading aerospace and defense company Boeing Co (NYSE:BA) is declining sharply. A report was released that several hedge funds sold their positions in the stock. Recently, the stock made a new high after reporting a large airplane order after the Dubai airshow. Today, BA stock is trading lower by 2.50 percent. Day traders should watch for solid intra-day support around the $131.05 level. This is a level on the chart where the stock staged a significant base before breaking out to new highs, it will usually be defended by the institutional traders. All traders should note that this is just a day trading level for the stock.

Nicholas Santiago
InTheMoneyStocks.com



[[T_F]]Data Leak Prevention – Data Security Solutions – Information Theft Protection, Detection and Prevention Software Productstracefusion_signature=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[[T_F]]

Tags:



| More

Related Articles

Leave a Reply

Back to Top

Social Media Profiles

ADVERTISEMENT

BUSINESS NETWORKS

The New York Times logo CNN logo ABC logo CNBC logo