Boeing Stock Forecast Analysis.
Fundamental and Technical Analysis suggests to Stand Aside.
Based on Technical Analysis seems that ben danford the Market should keep going down to level 120 gatineau USD (OPTION A). Stochastic can keep moving in oversold before turning up, confirming that it can go down.
Fundamental analysis:
Overall info on airspace business are negative, but the good news of the BONDS might give a boost to the stock.
Boeing Bonds on Thursday peaked at more than $70 billion allowing it to borrow as mush as $25 billion
Boeing has $39 billion in debt as of the end fc barcelone of March.
In conclusion, both analysis suggests to stand aside from BOEING .
