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Boeing – There is not much space left – Columns

Friday,
December 4th, 2020
13:14

from onemarkets blog

| Views: 120

With every hope of vaccine, so does investor confidence in investing in pandemic-torn areas. The aviation industry in particular was anything but crisis-proof. However, the rally of the last few weeks could be temporarily interrupted by a correction.

This also applies to the US aircraft manufacturer’s securities Boeing. Since its November lows of $ 141.58, the stock has rallied to the striking resistance area of ​​$ 242.00 and has risen into the area of ​​a price gap that was torn in early March. The 200-week average is only just above this and acts as an additional hurdle, which is why profit-taking in this area should soon be planned for. Overall, bulls have done a great job with the rise since mid-March, there is now a clear impulse wave (1-2-3-4-5), which is decisive for the future development of the Boeing-Share is. For a short time, however, the air has become very thin.

Prepare for pullback

There is still no clear trend reversal until it could reach 250.00 / 251.26 US dollars Boeing continue to rise. From then on at the latest, however, bears should increasingly prevail and send the stock into a well-deserved break. Discounts to 223.00, including even 205.00 US dollars, would not come as a surprise. After the consolidation has been completed, the medium-term could then go back up to the medium-term downward trend around 260.00 US dollars. The technical chart analysis even allows targets of around 300.00 US dollars to be derived for the aircraft manufacturer. However, this only occurs after the medium-term downtrend has broken out. The basis on which an investment decision is made depends on the intended investment duration.

  • Resistances: 242.00; 246.80; 251.26; 257.51; 260.00; $ 262.33
  • Supports: 234.20; 228.05; 223.02; 215.70; 211.30; $ 207.38

Boeing in US dollars in the daily chart: 1 candle = 1 day (log. candle chart display)

old
Observation period: 26.12.2019 – 03.12.2020. Historical considerations are not reliable indicators for future developments. Source: tradingdesk.onemarkets.de/underlying/US0970231058

Boeing in U.S. dollar In the weekly chart: 1 candle = 1 week (logical candle chart display)

old
Observation period: 3011/2015 – 11/30/2020. Historical considerations are not reliable indicators for future developments. Source: tradingdesk.onemarkets.de/underlying/US0970231058

Investment opportunities

Turbo Bull Warrant on Boeing for speculation on an increase in share

Underlying WKN Selling price in EUR Base price in US dollars lever Last valuation day
Boeing HZ7J80 3.76 250.00 5.18 December 15, 2021
Boeing HZ7J83 1.96 350.00 9.91 December 15, 2021
Source: HypoVereinsbank onemarkets; Status: 04.12.2020; 12:48 p.m.

Turbo Bear Warrant on Boeing for speculation on a price loss of the share

Underlying WKN Selling price in EUR Base price in US dollars lever Last valuation day
Boeing HZ6ZY0 4.05 260.00 4.88 June 16, 2021
Boeing HZ7J7X 2.02 215.00 9.82 June 16, 2021
Source: HypoVereinsbank onemarkets; Status: 04.12.2020; 12:50 p.m.

More products on BOEING and other underlyings can be found at: www.onemarkets.de

Please note the important information and the disclaimer.

This information does not constitute investment advice, but advertising. The public offer is made exclusively on the basis of a securities prospectus approved by the Federal Financial Supervisory Authority (“BaFin”). Approval of the prospectus should not be understood as a recommendation to purchase these UniCredit Bank AG securities. Only the prospectus including any supplements is relevant and the Final Terms. It is recommended that you read these documents carefully before making any investment decision in order to fully understand the potential risks and opportunities when making an investment decision. You are about to acquire a product that is not easy and can be difficult to understand.

How the HVB products work

The contribution Boeing – There is not much space left first appeared on onemarkets blog (HypoVereinsbank – UniCredit Bank AG).

In the onemarkets blog, experts from HypoVereinsbank onemarkets and technical analysts from GodmodeTrader will tell you what will move the markets before the stock market starts. During the day, the editors keep an eye on the DAX, Dow & Co. for you and show you how you can benefit from the ups and downs with leverage products.
http://blog.onemarkets.de

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