Tuesday, October 21, 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