A Look At The Technicals Of Boeing | Summary and Q&A

TL;DR

Recent crashes of Boeing's 737 max planes have negatively impacted the company's stock price.

Key Insights

• ❓ The recent crashes and grounding of the Boeing 737 max have had a significant impact on the company's stock price.
• ❓ The 737 max is a crucial component of Boeing's portfolio and represents a significant portion of their future income.
• 🎚️ Support levels around 370, 360, and 350 are important to monitor in assessing the potential recovery of Boeing's stock price.

Transcript

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Questions & Answers

Q: What recent events have caused Boeing's stock price to decline?

The fatal crashes of the Boeing 737 max planes have led to safety concerns and the grounding of the aircraft, negatively affecting the company's stock price.

Q: How significant is the 737 max to Boeing's overall portfolio?

The 737 max represents approximately 33% of Boeing's future income stream, making it a major part of their portfolio.

Q: What are the levels of support to watch for in Boeing's stock price?

Key support levels to monitor are around 370, 360, 350, and potentially down to 300.

Q: How long is the grounding of the 737 max expected to last?

The grounding is expected to continue until May while Boeing works to find a solution to the issues related to the crashes.

Summary & Key Takeaways

• Recent fatal crashes of the Boeing 737 max have led to the grounding of the aircraft until May.

• The 737 max represents a significant portion of Boeing's production value and future income stream.

• Boeing's stock price has experienced a collapse, with potential for further impact based on the resolution of the crashes and any future news.