16.12.2014 - The price of Boeing is approaching the strong support

Boeing's share price continues to decline and will soon reach the level of 118.00, and then can start to correct in the descending channel. In the case of breaking of this level and price fixing under the bottom of the channel, we expect a drop in prices with the objectives of 110.00 and 100.00. Growth is limited by the level of 136.00. We expect a decline price in the medium term, with the potential of reduction by 10-15% in the medium term.

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.