The Traderszone Network

Published in TZ Latest News 21 September, 2017 by The TZ Newswire Staff

Long term bearish outlook for Boeing (BA)

Boeing is a great company and the stock is at its 52 weeks high with a seeming strong momentum. The stock is trading at $256 now. Although it seems that the only competition comes from Airbus but China has recently entered into building small planes that is using for domestic flights. These planes might not be admitted to fly internationally but things might change very quickly. China will push it to a deal with US very soon. I also believe the price will be much much less than Boeing is…

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