Sunday, August 28, 2016

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=1ddadcc6218bfc8376d5defc92ba0315e2459f929aba475e975e1d29ad321301db05fc9df41031cc62f9319017ffc0881fa09262b5ed253692ea59b5c1e1ff107ef1aa98d05415a897e4f7f6f43b9f6145a50dbfb63d84251e7b6d7a75f93644a5061efe5ead342d17fe9919db08ad6f46458803f33bd1036bf304317dc8a3bcad8a6e3e9ed616ec64187c53f597923f709aa9be39d893711a8a1ad9a9b847251297ee3bc4cc0d18d7f254561cffacddb56e1cbc407263a56267818d96768238cc5d1744d93bc8a2a27a01c04b08b446a7ad1267e3afbb0d577a2c8d8cf6d1c68ce4d89853dfe53593fa4ffe207e396b2daff079a46d4de72673c94d6841c0364fedc1aa14156ef044ea490fa1288d4fd9ac1872be839e39f92d22d8ab1afd666f145129e72babbe80b2abd16f0afa4ee3908ae1846710d385a49c9ce65318cb3b744b8b3b7bbf5799c3b558e6ec4764ccde0032230e1a70bfba21d4bf4f4aa24b629d461dfae52759efd9ab4ee8257b8fd73601f1676c9ebdaf37c07be0e67dd32a5eec90684d2934be45d07d804bb2faa4986c2034cc589b680d078d23914902ccd9c0fbf386ca1320638e0b5991d6c7bd26bc970ee89e701c1330b70fe9fad935808bea2b56f3c6d0b11409bab42566a98ed1ea46fed0fb86d7c7fa517846fa5179a6[[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