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.