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Tuesday 17 December 2013

Stocks to watch: Boeing & Facebook

Boeing increased its dividend & authorized a $10 billion stock buyback
Boeing jumped from 134.72 to 138 pre-market
Facebook will begin selling video ads
Facebook up from 53.81 to 54.79 pre-market

But Boeing is currently facing resistance @ 137 & Facebook facing resistance @ 55.0 as the stock market is falling
No strong supports found since then, possible supports @ 135 for Boeing & 54.0 for Facebook but stocks did not reach that far below for us to trade them
No more safe trading signals today as we should be buying Boeing & Facebook but the stock market is falling & pulling them down, making it difficult for them to go higher above 137 & 55.0

Very high risk trades would be to buy Boeing @ 137 or Facebook @ 55.0 if they break above & go higher, sell if they fail & drop further again
Too risky to trade & not recommended

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