Hambooger

Boeing MT Idea (January 26th 2021)

Short
NYSE:BA   Boeing Company (The)
Boeing (BA) (January 26th 2021 through October 2021)

Low: $154
High: $333

I think it really depends on a multitude of different factors and how quickly we get back to normal, but here are a couple scenarios I can see potentially playing out with Boeing's stock price. I think the 2020 Q4 earnings announcement may end up negative and do worse than expected, especially with all the shut downs having affected 2020 businesses so negatively. Biden may be imposing new regulations on airlines soon as well which will may help short the stocks in the short term. There could be much growth in the medium term by October depending on how this summer plays out.

Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
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