BA ON A FREE FALL TO 150 , BROKEN ALL SUPPORT AND BAD NEWS Short

Boeing Company (The)NYSE

Description

⋅ Mar 11, 2020 2:51 PM

Finally this one breaks down , seems like the virus + airline woes + Boeing woes + economic woes finally got the big guys to let it fall

Start catching it around 150 for long term portfolio , it is still a duopoly and a too big to fail one

Good luck and be nimble

Comment

⋅ Mar 13, 2020 4:25 PM

Target almost reached there is further downside est after the reality of earnings hit

Even lower than 150 is almost certain as Boeing clients are also being decimated

Comments

pjmurray2010

⋅ Mar 12, 2020 7:22 AM

Can you imagine a world without Boeing planes? I’m buying this like a mf

PhilippeDelpCFA

⋅ Mar 12, 2020 11:00 AM

@pjmurray2010, Read again this is what I am saying by too big to fail but this is a falling knife right now but maybe worth nibbling into , just depend on can you stomach from 190 to 150 or lower
This market is irrational and with what Trump did yesterday this is adding oil on fire for airlines so Boeing clients
you might be rich or wrong that's not the point I just try to buy cheaper if I can in this down market

pjmurray2010

⋅ Mar 12, 2020 1:25 PM

@PhilippeDelpCFA, Good idea, Boeing stock will recover but the trust to customers and passengers will not occur overnight, may even take another half a decade to get back to where it once was before the awful crashes occurred. I am happy it has fallen to this level in all honesty it;s now a great value compared to future growth potential

PhilippeDelpCFA

⋅ Mar 13, 2020 4:26 PM

@pjmurray2010, I believe now 150 is not the right entry point bear market is another game plan expect much lower after this failed rebound market today this is fading fast