Saturday, July 5, 2014

Boeing well positioned at this level

My comments on the article -

http://seekingalpha.com/article/2299945-boeing-will-continue-to-outperform-the-broader-marke

Agree with the article, like this stock at this level. Above 130 is a good buy is what I think. It will also be above the 200 day moving average which is one of the widely followed indicators. It has not fallen below 120 in recent times and at this level it is good to accumulate and wait for the highs...

These are personal views for discussion/education purpose only, so do read full disclosure at my site.