10.09.2014 - Boeing can not choose the direction
The stock price of aircraft manufacturing giant Boeing after breaking through the upper limit of downward channel of the local consolidated within the range of 125-130 dollars per share. With further growth, quotes, will reach a level of 136, after which they may continue its upward movement to 150. It is worth noting the low growth potential of the stock price. In case of fixing of quotations below 120, we recommend to open short positions with the medium-term target near 100. Medium term outlook remains positive.