Boeing Co - Daily Candle Chart
The Boeing Co. looks like a sell opportunity for next week, with a closing price on Friday at 33.40. As you can see from the daily candle chart, the last five days have seen rising prices but falling volume, which suggest that the market makers are moving prices higher but are not buying into the move themselves, so we can expect a move lower in due course. The week ended with a small doji candle representing indecision in the market and a possible turning point. With the two factors above I would suggest the Boeing provides a sell bet opportunity for next week in the US markets. I would suggest a stop loss above the $37.20 region.
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