The Boeing Company (BA) delivered upbeat second quarter 2014 results backed by robust deliveries. The company reported adjusted second quarter 2014 earnings of $2.42 per share, beating by 19.8%. The quarterly number rose an impressive 44.9% from $1.67 per share a year ago.
Candle is in red on good earnings telling us about weakness. And the chart confirms this argument. It put series of lower highs $144.57 ---> $138.39 while market is making new highs. And now it is building lower-level base in front of 200 EMA with wll defined risk above resistance at $130. You can consider early entry in this narrow range to make you Risk/reward better but for higher probability I prefer to wait for break down and close below 200 EMA at $125.60 as it wasn't broken since November 2012.
Candle is in red on good earnings telling us about weakness. And the chart confirms this argument. It put series of lower highs $144.57 ---> $138.39 while market is making new highs. And now it is building lower-level base in front of 200 EMA with wll defined risk above resistance at $130. You can consider early entry in this narrow range to make you Risk/reward better but for higher probability I prefer to wait for break down and close below 200 EMA at $125.60 as it wasn't broken since November 2012.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.