Boeing Company continues to grow and no trend change is expected

Horizon: 1 month
Target: $190
Potential of the idea: 20.41%
Entry volume: 10%
Stop order: $148

Technical analysis
The upward trend continues, the entry on the correction is relevant. With the volume of the position of 10% and placing a stop order at $148, the risk on the portfolio will be 0.62%. The profit/risk ratio is 3.29.

Fundamental factor
The Boeing Company is the world's leading aerospace corporation and the largest manufacturer of passenger aircraft. Q2 2022 reports showed that the company has been able to significantly reduce losses. Going forward, a return to profit generation could serve as a driver of the company's value growth.
BAboingcompanyFundamental AnalysisgrowthstocksLONGresistance_leveltrendTrend Analysis

Disclaimer