Wednesday, August 20, 2014

Here Is The Level To Short The Boeing Company

The Boeing Company (NYSE:BA) has bounced almost 10% since it made its pivot low on August 6th, 2014. This has been a fantastic pop as the stock market has surged back towards the all-time highs. If you are looking for the perfect chart level to pull off a swing short, you will find it at $130.00. This level is not only a key pivot high hit back in mid-July but also the daily 200 moving average.

Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com