During earnings season, it is especially important to have key support and resistance levels in mind for individual stocks. These levels can be helpful in determining the risk/reward profile for a stock after earnings-driven volatility, therein allowing investors to make a well-informed decision. Boeing (BA) is an example of a stock that looks compelling from a risk/reward standpoint following a negative response to earnings. Last Thursday, the stock came into a confluence of support in the $199-$200 area, defined by the 200-day moving average (MA) and a 38.2% Fibonacci retracement level. The close proximity of support suggests downside risk is limited and can facilitate a tight stop-loss. So far, the stock has showed firmness around this level, showing a reaction to short-term oversold co

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