Boeing : An upward reversal is anticipated
Entry price | Target | Stop-loss | Potential |
---|
$141.62 |
$148 |
$137.9 |
+4.51% |
---|
Take advantage of the return on the daily support.
Fundamentals analysis shows a growth potential on the revenues and the margins. Moreover, the most positive element is the upward revisions of EPS over the last months.
Graphically, buyers influence have been downsized. As the trend in the short term became bearish. The pertinence of the USD 140.1 support offer an entry point on the stock in order to reach the next daily resistance (USD 148).
The decline observed in the short term offers an interesting entry point for a mid-term trading strategy. Thus, investors could take advantage of the current prices level to buy Boeing. The target will be set at USD 148 and by extension USD 158.3.
The stop loss will be triggered below the USD 140.1 support.
The content herein constitutes a general investment recommendation, prepared in accordance with provisions aimed at preventing market abuse by Surperformance, the publisher of MarketScreener.com. More specifically, this recommendation is based on factual elements and expresses a sincere, complete, and balanced opinion. It relies on internal or external data, considered reliable as of the date of their release. Nevertheless, this information, and the resulting recommendation, may contain inaccuracies, errors, or omissions, for which Surperformance cannot be held responsible. This recommendation, which in no way constitutes investment advice, may not be suitable for all investor profiles. The reader acknowledges and accepts that any investment in a financial instrument involves risks, for which they assume full responsibility, without recourse against Surperformance. Surperformance commits to disclosing any conflict of interest that may affect the objectivity of its recommendations.