07.07.2015 - Boeing's shares may fall to 120.00

The price of Boeing has stabilized near the level of 140.00, and continues to move inside the descending channel. In case of a change of trend, a signal for opening long positions will be overcoming the level of 148,00. According to our estimates, more likely is a continuation of the downward movement of prices to the level 153.50, 126.60 and 120.00. Confirmation of signal to sell will be fixation below 140.00. We expect a decline of price in the near future.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.