Boeing looks like it wants to roll over here.
It has been relatively choppy and could take a while, but there is a clear invalidation which makes me like the trade.
There are also many clear TPs so it is a short I'm willing to take.
It looks heavy.
BA 65m: Acute analysis potential gap fill to upside contingent on auction acceptance. Positive ER from UAL, expanded partnership with Invictus Games this morning, and ER next week catalysts for participants// 215.55 is a KL to be watched as it is where auction failure has occurred five times YTD// KLs 206.80, 208.77, 208.94, 210.13, 211.50, 212.56, 215.55// Beta...
Here is a pure price action analysis of BOEING consisting of support and resistance, trend line analysis and candle stick analysis on multiple time frames (1W-15m).
BA has tested its 200 ema and consolidated on that level prior to falling back to confirm the double bottom formation. The coming months for BA are going to be interesting. An overall price target for BA will be in the 275-278 area. I can see this catapulting past that with a minor retracement. These levels haven't been seen since Mar 2021. I am bullish on BA in...
If you haven`t BA The Boeing Company after my last post:
Then you should know that Looking at the BA The Boeing Company options chain ahead of earnings , I would buy the $210 strike price Call with
2023-4-21 expiration date for about
$14.90 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward...
BA , if u r not leveraged in ur portfolio - i did a $130 Jan2023 Free money DYOD
see here is the VIX spike I waited for vix 23 rsi lower good to go after fed meeting today dec 15 2021
now below 190$ price take strike almost 30 % away from here on a great company
Not just airplanes...look at all they do ...GOvt, Space etc.
Free money DYOD
Since the beginning of the new year, airline stocks have performed exceptionally well despite the very chaotic condition of the US airspace and travel market. Here is the year-to-date performance of a few well-known airline stocks, along with the Boeing stock and the U.S. Global Jets ETF:
● U.S. Global Jets ETF (JETS): +18.56%
● United Airlines (UAL): +37.53%....
= Technical Analysis for BA
= The analysis is based on trend analysis and the Dow Laws
= The successful Dow swing model is built from below
= The first target was to buy from 174.2 to 196.39... it was successful
= The second target from 196.39 to 223.18
= The third target, from 223.18 to 258.4
We have a double bottom on multiple time frames and we have all these gaps above us! CEO's can't day trade so it's always interesting to analyze their entries and exits as swing position. It does look like David Calhoun managed to buy the break out, perhaps he knows something I don't as well. Not financial advice, DYOR.
The Boeing Company - 30d expiry - We look to Sell a break of 168.38 (stop at 175.05)
We are trading at overbought extremes.
Trading within a Corrective Channel formation.
A break of the recent low at 168.50 should result in a further move lower.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
The bearish...
The stock shows strong indication for a possible trend reversal to bearish after the fulfillment of the bearish ABCD harmonics pattern.
Combining it with formation of a lower high (in accordance with Dow Theory) and a consequent strong bearish candlestick patterns from that price, a good short-sell entry point can be observed.
